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listing
1 of 40
MultifamilyFor Sale
$2,720,000
70 N Lester Avenue
White Cloud, MI 49349
Listed by: Moxie Real Estate + Development, (616) 890-7794
MLS: Greater Regional Alliance of REALTORS®
Est. Mortgage
$14,140/mo

32 unit apartment building in a growing submarket, with an attractive unit mix. There is coin-operated laundry and storage units, in each building. The electrical and gas are individually metered. Rents are below market. Value add opportunity to increase rents to market as leases expire. This could be a great opportunity for your next cost segregation study or 1031 exchange. Many capital improvements have been completed, some renovations completed are: common area updates, roof and gutters, exterior doors, appliances, unit renovations, parking lot repairs and much more.

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IDX provided courtesy of Realcomp II Ltd. via Nicole Gatto-Ross and Greater Regional Alliance of REALTORS®, ©2024 Realcomp II Ltd. Shareholders. Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
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