Pleasant View

Multi-Family for Sale
Catylist Listing ID: 29884551
Property Subtypes: Low-Rise/Garden
Number of Units: 16 Units
Building Size (RSF): 18,000 SF
Gross Building Area: See Agent
Gross Land Area: 2.05 Acres
Sale Price: $400,000
Unit Price: $25,000 Per Unit
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 9/13/2016

Overview / Comments

  • 16 unit multi-family opportunity
  • Well maintained building
  • Quiet rural residential neighborhood, near local restaurants and retail
  • Unit mix: (8) 1BR/1BA, (4) 2BR/1BA, (4) 3BR/1BA
  • Tenant responsible for electric (includes oven/stove in the unit)
  • Landlord responsible for heat and water
  • Newly installed playscape on property
  • 2014 property taxes: $6,465.60
  • Sale price: $400,000.00 ($25,000 per unit)

Additional Details

Nearest MSA: Undisclosed
County: Huron
Tax ID/APN: 36-011-301-50
Zoning: MULTI-FAMILY
Year Built: 1985
Parking Description: Surface

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,195 1,900 4,268
Median Age: 46.6 47.33 44.88
Households: 533 829 1,854
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