Marysville 36 Unit Multifamily Portfolio
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Marysville 36 Unit Multifamily Portfolio
3 Multifamily Properties Offered at $6,803,856 CAD in Marysville, MI
Investment Highlights
- Assumable loan terms at 4.11% until November 2031 (see term sheet).
- 36 units.
- 100% occupancy rate (with waiting list).
- 38,700 total SF.
- Prime location in Marysville.
- Consistently high rental demand.
Executive Summary
Introducing the prime investment opportunity at 1255 Georgia Avenue, Marysville, MI. This expansive 38,700 SF portfolio boasts 36 units and is currently operating at maximum capacity with 100% occupancy. Assumable Nonrecourse financing in place Situated in the sought-after Marysville area, this property presents an alluring prospect for multifamily and single-family rental portfolio investors. With a strong performance history and a thriving tenant community, this well-maintained property offers a compelling blend of stability and growth potential.
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Property Facts
Price | $6,803,856 CAD | Number of Properties | 3 |
Price / SF | $173.66 CAD / SF | Individually For Sale | 0 |
Cap Rate | 7.12% | Total Building Size | 39,180 SF |
Sale Type | Investment | Total Land Area | 3.38 AC |
Status | Active |
Price | $6,803,856 CAD |
Price / SF | $173.66 CAD / SF |
Cap Rate | 7.12% |
Sale Type | Investment |
Status | Active |
Number of Properties | 3 |
Individually For Sale | 0 |
Total Building Size | 39,180 SF |
Total Land Area | 3.38 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
1255 Georgia Ave, Marysville, MI 48040 | Multifamily | 14,016 SF | 1985 | - |
1225 11th St, Marysville, MI 48040 | Multifamily | 17,028 SF | 1985 | - |
1351 New York Ave, Marysville, MI 48040 | Multifamily | 8,136 SF | 1985 | - |
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Marysville 36 Unit Multifamily Portfolio
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