Country Squire Apartments | 1850 Squire Dr
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Country Squire Apartments 1850 Squire Dr
44 Unit Apartment Building $1,920,000 ($43,636/Unit) Saginaw, MI 48601
Executive Summary
This owner has several other value-add multifamily properties in the Saginaw, Detroit, and Flint area markets. Contact us for more details on this property plus our other available properties.
Country Squire Apartments presents a prime multifamily investment opportunity (1830-1835 & 1850-1855 Squire Dr.). Located on over 3.08 acres, the property comprises four garden-style buildings built in 1972, featuring 32 two-bedroom units with patios or balconies. With tenant-paid electric baseboard heat and sleeve A/C, and a currently occupied - historically ranging from 95-100% - this property boasts a strong track record. Its prime location near the intersection of King Rd. and Williamson Rd. adds to its appeal, with healthcare, education, shopping, parks, and the library just minutes away. Well-maintained and offering a range of amenities, including ample parking, tenant storage, dishwashers, and on-site laundry, Country Squire represents a turn-key investment opportunity for multifamily investors.
Country Squire Apartments presents a prime multifamily investment opportunity (1830-1835 & 1850-1855 Squire Dr.). Located on over 3.08 acres, the property comprises four garden-style buildings built in 1972, featuring 32 two-bedroom units with patios or balconies. With tenant-paid electric baseboard heat and sleeve A/C, and a currently occupied - historically ranging from 95-100% - this property boasts a strong track record. Its prime location near the intersection of King Rd. and Williamson Rd. adds to its appeal, with healthcare, education, shopping, parks, and the library just minutes away. Well-maintained and offering a range of amenities, including ample parking, tenant storage, dishwashers, and on-site laundry, Country Squire represents a turn-key investment opportunity for multifamily investors.
Property Facts
Price | $1,920,000 | Building Class | B |
Price Per Unit | $43,636 | Lot Size | 3.08 AC |
Sale Type | Investment | Building Size | 30,570 SF |
No. Units | 44 | No. Stories | 2 |
Property Type | Multifamily | Year Built | 1972 |
Property Subtype | Apartment | Parking Ratio | 1.67/1,000 SF |
Apartment Style | Garden |
Price | $1,920,000 |
Price Per Unit | $43,636 |
Sale Type | Investment |
No. Units | 44 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | B |
Lot Size | 3.08 AC |
Building Size | 30,570 SF |
No. Stories | 2 |
Year Built | 1972 |
Parking Ratio | 1.67/1,000 SF |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 1 | - | 650 |
2+1 | 43 | - | 660 - 750 |
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PROPERTY TAXES
Parcel Number | 09115064016001 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $413,800 |
PROPERTY TAXES
Parcel Number
09115064016001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$413,800
zoning
Zoning Code | R-3 (Residential Commercial Zoning) |
R-3 (Residential Commercial Zoning) |
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Skyline Realty Group, LLC
Country Squire Apartments | 1850 Squire Dr
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