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909 E Jolly Rd
Lansing, MI 48910

Atlantic Apartments · Multifamily Property For Sale · 16 Units

Investment Highlights

  • 100% Occupied

Executive Summary

11,215 SF building with 16 units
Fully occupied with 100% occupancy
Ideal for Multifamily / Low-Rise/Garden investors
Established property built in 1963
Prime location in Lansing area
Excellent investment opportunity
Attractive unit layout and design
Strong rental history and income potential

PROPERTY FACTS

Price Per Unit $68,750
Sale Type Investment
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.60 AC
Building Size 11,200 SF
Average Occupancy 100%
No. Stories 2
Year Built 1963
Parking Ratio 1.79/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • Controlled Access
  • Tenant Controlled HVAC
  • Recycling
  • Smoke Free
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 16 - 700

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-01-34-355-131
Land Assessment
$64,000
Improvements Assessment
$246,100
Total Assessment
$310,100
  • Listing ID: 34016034

  • Date on Market: 11/27/2024

  • Last Updated:

  • Address: 909 E Jolly Rd, Lansing, MI 48910

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