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
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Bob Witt Cell: (810) 459-4847 Office: (517) 546-6440 Email
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