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- LoopNet Team
1910 Sugar Loaf Ave
Marquette, MI 49855
SugarLoaf Villas · Multifamily Property For Sale · 36 Units
Investment Highlights
- Convenently located accross the street from the college campus
- Always rented
- Individual stand alone A-frame & cabin style housing (no sharing walls)
PROPERTY FACTS
| No. Units | 36 | Building Size | 14,710 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1970 |
| Building Class | C | Parking Ratio | 2.45/1,000 SF |
| Lot Size | 4.22 AC |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.22 AC |
| Building Size | 14,710 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1970 |
| Parking Ratio | 2.45/1,000 SF |
Unit Amenities
- Cable Ready
- Refrigerator
- Oven
- Yard
Site Amenities
- 24 Hour Access
- Laundry Facilities
About 1910 Sugar Loaf Ave , Marquette, MI 49855
LOCATION! Attention investors... this is a unique find with unlimited potential & falls within the Opportunity Zone. Not only are there currently 36 units fully rented, there is over an acre of vacant land to build on (4.22 acres total for larger projects), road frontage to both SugarLoaf Ave and Wright St, and its located across the street from NMU (Northern Michigan University)! Sugarloaf Villas has a mix of studio, 1 bedroom, and 2 bedroom stand alone apartments. There is also a coin laundry facility on site for added income source. The Aframe units have recently been reroofed with rolled roofing and all crawl spaces have been thoroughly insulated. Water is included in rent and tenants pay their own electric / heating costs
PROPERTY TAXES
| Parcel Number | 52-52-005-611-30 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,209,364 |
PROPERTY TAXES
zoning
| Zoning Code | 201 - Multi-Family (201 - Multi-Family) |
| 201 - Multi-Family (201 - Multi-Family) |
