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200 Northland Dr
Marquette, MI 49855
Woodview Village Apartments · Multifamily Property For Sale · 124 Units
Investment Highlights
- 1 block away from brand new UPHS Marquette Hospital opening April 2019
- Numerous Recent Capital Improvements
- Attractive Unit Mix: 1 Studio, 9 one bedroom / one bathrooms, 114 two bedroom / one bathrooms
- 1.8 miles away from Northern Michigan University
- Consistently near 100% occupied (currently 99.2%)
- Multiple Value Add Opportunities: Strategic management and rent growth
PROPERTY FACTS
| No. Units | 124 | Lot Size | 2.99 AC |
| Property Type | Multifamily | Building Size | 120,300 SF |
| Property Subtype | Apartment | Average Occupancy | 99% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1979 |
| No. Units | 124 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.99 AC |
| Building Size | 120,300 SF |
| Average Occupancy | 99% |
| No. Stories | 2 |
| Year Built | 1979 |
Unit Amenities
- Balcony
- Cable Ready
- Dishwasher
- Fireplace
- Storage Space
- Walk-In Closets
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Energy Star Labeled
- Gated
- Package Service
About 200 Northland Dr , Marquette, MI 49855
Greystone Bel Real Estate Advisors are pleased to present the exclusive offering of Woodview Village in Marquette, MI. This 124-unit asset is nestled back in a beautiful park like setting across the street from the brand new UPHS hospital opening in April 2019, and only 1.8 miles from Northern Michigan University. Consistently at near 100% occupancy levels for many years (currently 99.2%), Woodview Village has been impeccably maintained by current ownership with almost every major capital expenditure being replaced within recent years. Broken up into 13 total buildings on 8.2 acres (which includes an on-sight office and storage garage), Woodview presents an attractive unit mix of 1 studio, 9 one bedroom / one bathrooms, and 114 two bedroom / one-bathroom units. 20 of the units are currently outfitted with electric baseboard heat, while the remaining 104 units have gas boiler baseboard heat. While being just over a mile from Downtown Marquette, residents enjoy amenities such as having on-site laundry, an onsite office, dishwashers (some units), and fireplaces (some units) just to name a few.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $3,191,300 |
PROPERTY TAXES
zoning
| Zoning Code | MFR |
| MFR |
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