3636 Coleman Rd | East Lansing, MI 48823
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3636 Coleman Rd
East Lansing, MI 48823
Block 36 Apartments · Multifamily Property For Sale
·
217 Units
INVESTMENT HIGHLIGHTS
- Purpose – Built Student Housing With Private Bathrooms, All Furnished Units, and In-Unit Laundry
- Located University Bus Line
- Upside Present Through Operational Improvements & Unit Upgrades
- Steady Enrollment MSU – 2nd Largest In Michigan and Prestigious Power – 5 University
- Abundant Parking
- Leases Guaranteed (Standard Co-Sign By Parent)
PROPERTY FACTS
| No. Units | 217 | Building Size | 150,000 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 2001/2013 |
| Building Class | B | Parking Ratio | 3.13/1,000 SF |
| Lot Size | 8.32 AC | ||
| Zoning | DEVELOPMEN | ||
| No. Units | 217 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 8.32 AC |
| Building Size | 150,000 SF |
| Average Occupancy | 90% |
| No. Stories | 3 |
| Year Built/Renovated | 2001/2013 |
| Parking Ratio | 3.13/1,000 SF |
| Zoning | DEVELOPMEN |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- High Speed Internet Access
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Window Coverings
SITE AMENITIES
- Business Center
- Clubhouse
- Fitness Center
- Laundry Facilities
- Pool
- Property Manager on Site
- Spa
- Basketball Court
- Furnished Units Available
- Package Service
- Volleyball Court
- Lounge
- Maintenance on site
- Sundeck
- Roommate Matching
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+4 | 108 | - | 323 |
| 1+1 | 109 | - | 500 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $6,381,200 | |
| Land Assessment | $362,300 | Total Assessment | $6,743,500 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$362,300
Improvements Assessment
$6,381,200
Total Assessment
$6,743,500
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