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700-710 S Dewitt Dr
Dewitt, MI 48820
Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- Stabilized
- High Income Area
- Value Add
EXECUTIVE SUMMARY
Park Place Apartments is a stabilized 16 unit apartment building located in Dewitt, MI. The units are all two bedroom one bath, approximately 800 square feet with their own separate entrance. There are four buildings total, with over two parking spots per unit. The property is 100% occupied grossing +$17,500 per month, with an annual gross potential rent of $233,786.
GD will offer tours of the property the week of January 26th. After that week, a call to offers will be held on February 2nd. Offers that are submitted before either of these dates will be considered and potentially accepted.
GD will offer tours of the property the week of January 26th. After that week, a call to offers will be held on February 2nd. Offers that are submitted before either of these dates will be considered and potentially accepted.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 1.66 AC |
| No. Units | 16 | Building Size | 12,668 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1972 |
| Building Class | C | Parking Ratio | 3/1,000 SF |
| Zoning | MF, Multiple Family Resid - Commercial Zoned Propertry | ||
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.66 AC |
| Building Size | 12,668 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1972 |
| Parking Ratio | 3/1,000 SF |
| Zoning | MF, Multiple Family Resid - Commercial Zoned Propertry |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 16 | $1,200 | 750 |
PROPERTY TAXES
| Parcel Number | 200-110-000-091-00 | Improvements Assessment | $277,400 |
| Land Assessment | $40,300 | Total Assessment | $317,700 |
PROPERTY TAXES
Parcel Number
200-110-000-091-00
Land Assessment
$40,300
Improvements Assessment
$277,400
Total Assessment
$317,700
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
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