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For Sale Michigan Mt. Pleasant 4224
6426 S. Mission St., Mt. Pleasant, Michigan 48858 United States
For Sale Michigan Mt. Pleasant 4224
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Investment Property For Sale By Owner
25 Unit Apartment Building, Mt. Pleasant, MI
6426 S. Mission St., Mt. Pleasant, Michigan 48858 United States
Description
25 one bedroom apartments in well built and maintained, 40 year old brick building. Property includes: 30 acres of woods/hunting property and a 10 year old, 30X50 insulated pole building with full bath. Monthly rents average about $13,000. Owner retiring. Property located in quiet country setting, just two miles South of CMU campus.
| Price: | Contact For Price |
| Property Sub-Type: | Investment Property |
| Cap Rate: | 9 % |
| Gross Rent Multplier: | 8 |
| Total Building Size: | 9000 SF |
| No of Stories: | 2 |
| No of Parking Stalls: | 40 |
| Occupancy: | 95 % |
| Listing ID: | 4224 |
Map of: 6426 S. Mission St., Mt. Pleasant, Michigan 48858 United States
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