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731 Packard St
Ann Arbor, MI 48104
731 Packard · Multifamily Property For Sale · 21 Units

Property Facts

No. Units 21
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.32 AC
Building Size 37,000 SF
No. Stories 4
Year Built 1963
Parking Ratio 0.27/1,000 SF
Zoning C1A/R

Amenities

Unit Amenities

  • Air Conditioning
  • Disposal
  • Microwave
  • Washer/Dryer
  • Granite Countertops
  • Refrigerator
  • Oven
  • Range

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Furnished Units Available

About 731 PACKARD ST , ANN ARBOR, MI 48104

Oxford Commercial is pleased to present the opportunity to acquire a 100%-occupied 64-bedroom apartment building. Investment Highlights: 64 bedrooms - 100% leased for 2015/16 School Year Significant recent renovations include roof replacement, kitchen remodels, and parking lot improvements The property consists of 28 apartments, 16 of which are single bedrooms while the other 12 are four bedroom units. Significant renovations have been performed recently, including kitchen remodels, replacing the roofing system, improvements to the parking lot, and interior painting, carpeting, and lighting replacements. Amenities include on-site laundry and 11 parking spaces. Located near the intersection of Packard and State, the property is within walking distance of the University of Michigan, and thus is rented almost completely by students.

Property Taxes

Property Taxes

Parcel Number
09-33-207-008
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,504,600
  • Listing ID: 3713519

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: 731 Packard St, Ann Arbor, MI 48104

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