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Campau Lake Culdesac Rental Properties

4 Specialty Properties Offered at $3,295,000 in Alto, MI

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Investment Highlights

We have 4 houses in a row on 2 lakes on one culdesac and 1-2 houses zoned R2 perfect for rebuild and adding houses already renting cash flow

We have over 20 years of rentals and customers to make this a seamless move as you add other houses and rebuild them.

Executive Summary

Sale includes four rental properties along with three other buildable lots.

Taxes & Operating Expenses (Actual - 2023) Click Here to Access	Annual
Gross Rental Income	$99,999
Other Income	$99,999
Vacancy Loss	$99,999
Effective Gross Income	$99,999
Net Operating Income	-

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Gross Rental Income
Annual	$99,999

Other Income
Annual	$99,999

Vacancy Loss
Annual	$99,999

Effective Gross Income
Annual	$99,999

Net Operating Income
Annual	-

Property Facts

Price	$3,295,000	Status	Active
Price / SF	$360.31 / SF	Number of Properties	4
Sale Conditions	Bulk/Portfolio Sale	Individually For Sale	0
Cap Rate	12%	Total Building Size	9,145 SF
Sale Type	Investment	Total Land Area	1.17 AC

Price	$3,295,000
Price / SF	$360.31 / SF
Sale Conditions	Bulk/Portfolio Sale
Cap Rate	12%
Sale Type	Investment
Status	Active
Number of Properties	4
Individually For Sale	0
Total Building Size	9,145 SF
Total Land Area	1.17 AC

Properties

Property Name / Address	Property Type	Size	Year Built	Individual Price
8764 Garbow Dr SE, Alto, MI 49302	Specialty	6,000 SF	2004	-
8770 Garbow Dr SE, Alto, MI 49302	Specialty	765 SF	1940	-
8778 Garbow Dr SE, Alto, MI 49302	Specialty	1,616 SF	1940	-
8796 Garbow Dr SE, Alto, MI 49302	Specialty	764 SF	1958	-

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