736 Colony Ct | Niles, MI 49120
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- LoopNet Team
736 Colony Ct
Niles, MI 49120
Village West Apartments · Multifamily Property For Sale · 54 Units
Investment Highlights
- Over $220,000 in Capital Improvements Since 2020
- Gross Potential Rent is set to $765 for 1 bd, $924 for 2 bd, & $1,250 for 3 bd. Pro Forma increases 3% for average annual rent growth.
- $33,000 New Windows, $22,000 New Electrical Boxes, $20,000 Some New HVAC Units
PROPERTY FACTS
| No. Units | 54 | Lot Size | 9.55 AC |
| Property Type | Multifamily | Building Size | 44,370 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | B | Year Built | 1966 |
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 9.55 AC |
| Building Size | 44,370 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1966 |
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Washer/Dryer
- Refrigerator
- Range
- Porch
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 44 | - | 895 |
| 2+2 | 10 | - | 950 |
PROPERTY TAXES
| Parcel Number | 11-74-0034-0035-01-1 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,289,900 |
PROPERTY TAXES
Parcel Number
11-74-0034-0035-01-1
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,289,900
zoning
| Zoning Code | MF |
| MF |
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