Vanderbilt Townhomes | 6028 Vanderbilt Dr
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Vanderbilt Townhomes 6028 Vanderbilt Dr
144 Unit Apartment Building For Sale Mount Morris, MI 48458
Executive Summary
CBRE Michigan Multifamily is pleased to present for sale Vanderbilt Townhomes, a value-add opportunity in Mount Morris, Michigan. Constructed in 1970, Vanderbilt Townhomes has most recently undergone significant unit renovations and capital improvements in 2021. The property consists of 18 buildings with a total of 144 units, comprised of large two-bedroom and three-bedroom townhomes with basements.
Property Facts
| Sale Type | Investment | Lot Size | 10.15 AC |
| No. Units | 144 | Building Size | 141,512 SF |
| Property Type | Multifamily | Average Occupancy | 78% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1970/2021 |
| Building Class | C | Parking Ratio | 1.41/1,000 SF |
| Sale Type | Investment |
| No. Units | 144 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 10.15 AC |
| Building Size | 141,512 SF |
| Average Occupancy | 78% |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2021 |
| Parking Ratio | 1.41/1,000 SF |
Unit Amenities
- Air Conditioning
- Dishwasher
- Storage Space
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Freezer
Site Amenities
- 24 Hour Access
- Playground
- Property Manager on Site
- Security System
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 72 | - | 830 |
| 3+1 | 72 | - | 925 |
PROPERTY TAXES
| Parcel Number | 14-14-400-002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $814,500 |
PROPERTY TAXES
Parcel Number
14-14-400-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$814,500
zoning
| Zoning Code | OS (Office Service District) |
| OS (Office Service District) |
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Vanderbilt Townhomes | 6028 Vanderbilt Dr
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