This Multifamily Property is no longer advertised on LoopNet.com.

6727 Sherman St
Otter Lake, MI 48464
40+ Acres Lakefront Land · Multifamily Property For Sale · 8 Units

Investment Highlights

  • 42.14 Acres Lakefront Land
  • 3,000 FT Frontage Otter, Powder Horn,& Mud Lake
  • 8 Free Standing Buildings

Property Facts

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Lot Size 42.14 AC
Building Size 30,000 SF
No. Stories 3
Year Built/Renovated 1934/1978
Parking Ratio 0.33/1,000 SF
Zoning AGRICU - Commercial

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Wheelchair Accessible (Rooms)

Site Amenities

  • Waterfront

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 2 - 2,756 - 6,336
3+2 2 - 5,021 - 6,819
4+2 2 - 2,000 - 2,570
4+4 1 - 7,475

Property Taxes

Property Taxes

Parcel Number
013-006-009-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$145,000
  • Listing ID: 25051333

  • Date on Market: 2/14/2022

  • Last Updated:

  • Address: 6727 Sherman St, Otter Lake, MI 48464

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