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4431-4435 Holt Rd 8 Unit Apartment Building $592,066 ($74,008/Unit) 7.50% Cap Rate Holt, MI 48842

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EXECUTIVE SUMMARY

• 6,036 Total Square Feet
• All Units are 1 Bedroom/1 Bath Tri-Level Units
• Lower Level Kitchen and Dining Area Included in Total Square Footage
• Total Livable Space is Approximately 755 SF
• $592,066 Purchase Price (7.5% Cap Rate)
• Current NOI of $44,405.35
• Fully Occupied

4431-4435 Holt Rd, Holt_Flyer

PROPERTY FACTS

Price	$592,066	Building Class	C
Price Per Unit	$74,008	Lot Size	0.30 AC
Sale Type	Investment	Building Size	6,036 SF
Cap Rate	7.50%	No. Stories	1
No. Units	8	Year Built	1965
Property Type	Multifamily	Parking Ratio	1.33/1,000 SF
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low-Rise
Zoning	TC

Price	$592,066
Price Per Unit	$74,008
Sale Type	Investment
Cap Rate	7.50%
No. Units	8
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.30 AC
Building Size	6,036 SF
No. Stories	1
Year Built	1965
Parking Ratio	1.33/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	TC