3900 Burneway Dr | Lansing, MI 48911
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3900 Burneway Dr
Lansing, MI 48911
Twin Oaks Meadows · Multifamily Property For Sale · 63 Units
Investment Highlights
- Attractive Unit Mix: 52 One Bedroom and 11 Two Bedroom Units.
- Balcony Access on Select Units.
- Newer High Efficiency Boiler and Hot Water System.
- Multiple Camera Surveillance System.
- All Units Have Been Lightly Upgraded (Bathrooms, Flooring, Paint, Etc).
- On-Site Laundry Facilities, Controlled Access, Elevator Access and Community Room.
Executive Summary
55 and Older Conventional Senior Community. Non-Deed Restricted: Opportunity to Change Market Segments.
PROPERTY FACTS Under Contract
Price Per Unit | $71,777 CAD | Lot Size | 4.48 AC |
Sale Type | Investment | Building Size | 53,528 SF |
No. Units | 63 | Average Occupancy | 98% |
Property Type | Multifamily | No. Stories | 3 |
Property Subtype | Apartment | Year Built | 1994 |
Apartment Style | Low Rise | Parking Ratio | 1.01/1,000 SF |
Building Class | B |
Price Per Unit | $71,777 CAD |
Sale Type | Investment |
No. Units | 63 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | B |
Lot Size | 4.48 AC |
Building Size | 53,528 SF |
Average Occupancy | 98% |
No. Stories | 3 |
Year Built | 1994 |
Parking Ratio | 1.01/1,000 SF |
Unit Amenities
- Air Conditioning
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
Site Amenities
- Controlled Access
- Clubhouse
- Laundry Facilities
- Security System
- Elevator
- Public Transportation
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 52 | - | 542 - 566 |
2+1 | 11 | - | 725 - 786 |
PROPERTY TAXES
Parcel Number | 23504036429041 | Improvements Assessment | $0 CAD |
Land Assessment | $0 CAD | Total Assessment | $1,552,540 CAD |
PROPERTY TAXES
Parcel Number
23504036429041
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,552,540 CAD
zoning
Zoning Code | DM/1 |
DM/1 |
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