912 N State Rd | Davison, MI 48423
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912 N State Rd
Davison, MI 48423
Multifamily Property For Sale
·
11 Units
INVESTMENT HIGHLIGHTS
- 912 N State Road presents an 11-unit, well-maintained multifamily building, bringing in over $87,000 a year in rental income.
- Low rents currently in-place enable opportunity for value-add with increased rent and cap rate.
- Opportunity knocks in the heart of Davison, MI, and this asset provides an investor with a stabilized asset to add to their portfolio.
- This large multifamily building has a shared parking lot, offers spacious kitchens, and is in a great location for commuters.
PROPERTY FACTS
| No. Units | 11 | Lot Size | 0.79 AC |
| Property Type | Multifamily | Building Size | 11,000 SF |
| Property Subtype | Apartment | Average Occupancy | 64% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1970 |
| Zoning | Multi-Family | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.79 AC |
| Building Size | 11,000 SF |
| Average Occupancy | 64% |
| No. Stories | 2 |
| Year Built | 1970 |
| Zoning | Multi-Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 11 | - | - |
PROPERTY TAXES
| Parcel Number | 52-03-300-014 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $115,100 |
PROPERTY TAXES
Parcel Number
52-03-300-014
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$115,100
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