This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Campau Lake Culdesac Rental Properties

4 Specialty Properties Offered at $4,670,564 CAD in Alto, MI

Investment Highlights

  • We have 4 houses in a row on 2 lakes on one culdesac and 1-2 houses zoned R2 perfect for rebuild and adding houses already renting cash flow
  • We have over 20 years of rentals and customers to make this a seamless move as you add other houses and rebuild them.

Executive Summary

Sale includes four rental properties along with three other buildable lots.

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Annual (CAD)
Gross Rental Income $99,999
Other Income $99,999
Vacancy Loss $99,999
Effective Gross Income $99,999
Net Operating Income -

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Other Income (CAD)
Annual $99,999
Vacancy Loss (CAD)
Annual $99,999
Effective Gross Income (CAD)
Annual $99,999
Net Operating Income (CAD)
Annual -

Property Facts

Price $4,670,564 CAD
Price / SF $510.72 CAD / SF
Sale Conditions Bulk/Portfolio Sale
Cap Rate 12%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 9,145 SF
Total Land Area 1.17 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
8764 Garbow Dr SE, Alto, MI 49302 Specialty 6,000 SF 2004 -
8770 Garbow Dr SE, Alto, MI 49302 Specialty 765 SF 1940 -
8778 Garbow Dr SE, Alto, MI 49302 Specialty 1,616 SF 1940 -
8796 Garbow Dr SE, Alto, MI 49302 Specialty 764 SF 1958 -
Show More > < Show Less
  • Listing ID: 31095639

  • Date on Market: 2024-03-01

  • Last Updated:

  • Address: Campau Lake Culdesac Rental Properties, Alto, MI

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}