For Sale View Offering Memorandum

Multi-Family - Income Producer

7159 S Old 27, Gaylord, MI 49735

Property Stats

Units
TypeMultifamily
Sub-typeNot specified
Use TypeInvestment
Lot Size0.6
MSAGrand Rapids-Wyoming
Year BuiltNot specified

Property Details

Property Description

Income producing property with 10% cap rate. This property includes multiple streams of income. 9 efficiency units, coin operated laundry units plus a 2 story home with 1 car attached garage, 6 bedrooms, and 1 bath. New furnaces installed in units 1,2,4,7,& 8. Units 1 & 7 have been completely remodeled. Unit 2 has new flooring.

Highlights

  • New security cameras installed
  • Cable Internet access
  • Hardwood and tile floors

Property Map

Additional Info

  • Number of Floors: Not specified
  • Under Construction: No
  • Building Class: Not specified
  • RSF: Not specified
  • USF: Not specified
  • Acres: 0.00

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.