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430 N Hudson St
Coldwater, MI 49036

Virginia Manor Apartments · Multifamily Property For Sale · 28 Units

PROPERTY FACTS

No. Units 28
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 2.30 AC
Building Size 18,284 SF
Average Occupancy 89%
No. Stories 2
Year Built 1965

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Oven

Site Amenities

  • Laundry Facilities

About 430 N Hudson St , Coldwater, MI 49036

This opportunity consists of two extremely well maintained, all brick apartment buildings, containing a total of 28 units. Coldwater Township was chosen by Clemens Food Group as the location for a $250,000,000 Pork Processing Facility, which will employ 800 new individuals and will dramatically add to the demands on the rental housing stock in town. The property has been meticulously maintained and recently benefited by new roofs on both buildings along with new domestic central water heaters in each building. Existing property management consists of a local real estate broker who is well connected to the local trades people in the community. 2016 physical vacancy was just seven tenths of one percent. Rents haven't been raised since 2014. Vacancies are filled via word of mouth. Located near the new 550,000 square foot Clemens Pork Processing Plant - 800 New Jobs New Roofs in 2015/2016 Zero Deferred Maintenance Walking distance to grocery Last rent increase was in 2014!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
302-000-000-019-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$752,200

zoning

Zoning Code A1
A1
  • Listing ID: 5713502

  • Date on Market: 2/1/2017

  • Last Updated:

  • Address: 430 N Hudson St, Coldwater, MI 49036

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