921 Coolidge Rd | Lansing, MI 48912
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- LoopNet Team
921 Coolidge Rd
Lansing, MI 48912
Coolidge Arms · Multifamily Property For Sale
·
13 Units
Investment Highlights
- Individual Carports, Individual Large Storage Space, and some 1.5 Bath units (5/13 units)
- Value Add Opportunity: Fully Upgraded Competing Properties Currently Achieving $350-$400 Rent Premiums in Immediate Area
- Excellent Location: Across the Street from East Lansing and 1 Mile from Michigan State University
- New Parking Lot 2018
Property Facts
| No. Units | 13 | Building Size | 12,100 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.74/1,000 SF |
| Lot Size | 0.58 AC | ||
| Zoning | DM3 | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.58 AC |
| Building Size | 12,100 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.74/1,000 SF |
| Zoning | DM3 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Picnic Area
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 7 | - | - |
| 2+2 | 5 | - | - |
Property Taxes
| Parcel Number | 01-01-11-476-101 | Improvements Assessment | $274,600 |
| Land Assessment | $65,000 | Total Assessment | $339,600 |
Property Taxes
Parcel Number
01-01-11-476-101
Land Assessment
$65,000
Improvements Assessment
$274,600
Total Assessment
$339,600
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