816 Marquette Ave | Muskegon, MI 49442
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- LoopNet Team
816 Marquette Ave
Muskegon, MI 49442
The Regency · Multifamily Property For Sale
·
48 Units
INVESTMENT HIGHLIGHTS
- ROBUST PROPERTY LEVEL GROWTH WITH STRONG HISTORICAL OCCUPANCY AND FUTURE GROWTH
- DEEP DISCOUNT TO REPLACEMENT COST & LAND TO BUILD
- QUICKLY DEVELOPING MARKET
- FAVORABLE FLOOR PLANS
PROPERTY FACTS
| No. Units | 48 | Building Size | 37,584 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Townhome | Year Built/Renovated | 2011/2020 |
| Building Class | C | Parking Ratio | 1.28/1,000 SF |
| Lot Size | 7.39 AC | ||
| Zoning | RM-1 | ||
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 7.39 AC |
| Building Size | 37,584 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built/Renovated | 2011/2020 |
| Parking Ratio | 1.28/1,000 SF |
| Zoning | RM-1 |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Storage Space
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Sprinkler System
- Range
- Tub/Shower
- Carpet
- Breakfast Nook
- Family Room
- Freezer
- Lawn
- Linen Closet
- Pantry
- Patio
- Wheelchair Accessible (Rooms)
- Large Bedrooms
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | $1,250 | 1,080 |
| 3+1.5 | 16 | $1,350 | 1,240 |
| 3+1.5 | 24 | $1,350 | 1,321 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $2,210,500 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,210,500
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