3530 W Jolly Rd | Lansing, MI 48911
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3530 W Jolly Rd
Lansing, MI 48911
Wexford Pines Apartments · Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Spacious 5,910 SF Building - Thoughtfully laid out 8-unit apartment complex with efficient floorplans and solid construction
- Prime Lansing Location – Centrally located with convenient access to major employers, schools, retail, and public transit
- Strong Rental Demand – Located in a high-occupancy submarket with consistent rental performance
- Fully Renovated Units – Each unit has been recently upgraded, offering modern finishes that appeal to today’s renters
- Turnkey Investment – Minimal capital improvements needed; ideal for investors seeking immediate cash flow
- Stable Income Potential – 8-unit configuration provides diversification and minimizes vacancy risk
PROPERTY FACTS
| No. Units | 8 | Building Size | 5,910 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 2001 |
| Building Class | C | Parking Ratio | 4.4/1,000 SF |
| Lot Size | 0.55 AC | ||
| Zoning | DM-1 RE | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.55 AC |
| Building Size | 5,910 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2001 |
| Parking Ratio | 4.4/1,000 SF |
| Zoning | DM-1 RE |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Wheelchair Accessible (Rooms)
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | - | 750 |
PROPERTY TAXES
| Parcel Number | 01-01-31-351-131 | Improvements Assessment | $146,800 |
| Land Assessment | $32,000 | Total Assessment | $178,800 |
PROPERTY TAXES
Parcel Number
01-01-31-351-131
Land Assessment
$32,000
Improvements Assessment
$146,800
Total Assessment
$178,800
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