70 N Lester Avenue
$2,720,000
Description
70 N Lester Avenue,
White Cloud,
MI
49349
32 unit apartment building in a growing submarket, with an attractive unit mix. There is coin-operated laundry and storage units, in each building. The electrical and gas are individually metered. Rents are below market. Value add opportunity to increase rents to market as leases expire. This could be a great opportunity for your next cost segregation study or 1031 exchange. Many capital improvements have been completed, some renovations completed are: common area updates, roof and gutters, exterior doors, appliances, unit renovations, parking lot repairs and much more.
This is an Active listing.
Broker Office Phone Number: 616-890-7794
Copyright © 2024Michigan Regional Information Center, LLC.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Wall or Window Air Conditioner(s)
- Composition Shingle Roof
- Metal Roof
Listing By: MOXIE Real Estate + Development via Data Source: Michigan Regional Information Center, LLC.
Multi Family
Property type
Price History
| date | price | variance | type |
|---|
| 10/15/2024 | $2,720,000 | - | Listed |
listing agent: Shawn Jacobs
