7 Unit Mixed Use Property

Multi-Family for Sale
Also listed as Office
Catylist Listing ID: 30263261
Property Subtypes: Mid-Rise, Mixed Use
Number of Units: 7 Units
Building Size (RSF): 6,216 SF
Gross Land Area: 8,712 SF
Sale Price: $270,000
Unit Price: $38,571.43 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 8/14/2018

Overview / Comments

Mixed use property consisting of 6 multifamily units and 1 storage/office unit in downtown Lapeer . Great value-add project with tremendous upside. Several property improvements currently on going.

Attachments & Media

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Lapeer
Tax ID/APN: L20-18-404-040-00
Percent Occupied: 85%
Total Number of Buildings: 1
Property Condition: Fair
Number of Stories: 3
Year Built: 1970
Parking Type: Surface
Laundry: Shared

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,168 18,355 26,094
Median Age: 35.14 39.47 41.17
Households: 2,120 7,003 9,889

Contact

Photograph of Listing Agent

Alec Olson

Berkshire Hathaway HSMIRE Commercial
CPIX Member
© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.