Fully entitled multifamily conversion | 201 N Neeper St
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Fully entitled multifamily conversion 201 N Neeper St
28 Unit Apartment Building $650,000 ($23,214/Unit) Capac, MI 48014
Investment Highlights
- Extremely cooperative municipality.
- commercial kitchen space included in Phase 1.
Executive Summary
Interior demolition complete, ready for construction.
Property Facts
| Price | $650,000 | Building Class | B |
| Price Per Unit | $23,214 | Lot Size | 3.80 AC |
| Sale Type | Investment | Construction Status | Proposed |
| No. Units | 28 | Building Size | 52,000 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Parking Ratio | 0.12/1,000 SF |
| Apartment Style | Garden |
| Price | $650,000 |
| Price Per Unit | $23,214 |
| Sale Type | Investment |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 3.80 AC |
| Construction Status | Proposed |
| Building Size | 52,000 SF |
| No. Stories | 1 |
| Parking Ratio | 0.12/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Sprinkler System
- Instant Hot Water
Site Amenities
- 24 Hour Access
- Basketball Court
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 28 | - | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $290,700 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$290,700
zoning
| Zoning Code | Village (Commercial or Multi-family) |
| Village (Commercial or Multi-family) |
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Fully entitled multifamily conversion | 201 N Neeper St
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