Company Logo
fill
fill
fill
Bob Witt
fill
(517) 546-6440
Mobile Phone:
(810) 459-4847
bobwitt@
sbcglobal.net
fill
fill
fill
fill
fill
fill
fill
fill
FOR SALE
$1,700,000

1234 Portfolio
Lansing, MI 48910

Business Opportunities
Residence
2
Lot Size
Courtesy: Keller Williams Realty Lansing-East
This is a 17 unit, 16 property portfolio of 1 duplex and 15 single family homes. Most of the properties are in the East side neighborhood of Lansing. 1 Home is in Mason and 1 Home is downtown. This portfolio is performing at an 8.8% CAP rate. All properties were acquired and renovated within the last 8 years and are in excellent condition. There is still some value-add opportunity to raise rents on 4 units and if desired a few could be improved to maximize resale. An ideal strategy would be to acquire the portfolio and sell 2-4 properties at market value and be net zero into the package with excellent cash flow and amazing equity growth. All reasonable offers are considered.; Building1 Description: 17 Units 16 Property Portfolio
630000280620
Business Opportunities, Other
Ingham
1900
2 Acres
Vinyl siding,Wood
Loading...
Data Provided by Onboard
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

Transit Score

Courtesy: Keller Williams Realty Lansing-East
IDX provided courtesy of Realcomp II Ltd., via Bob Witt and , Copyright 2024 Realcomp II Ltd. Shareholders
This content last refreshed on 6/13/2024 5:30 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.