****PLEASE NO LISTING AGENT CALLS , we are paying 3.5% if you bring a buyer *** 1880 prairie parkway Wyoming MI 49519 Offering 7 units in one building Bring your buyers We will pay buyer’s agent 3.5% Rents are on the rise in Wyoming plenty of room to improve and raise rents !! Grand rapids is expanding south With investment rents could raise significantly 28th street and prairie are developing don’t miss out. Neighboring buildings are: To the east on prairie ( Swiss valley ) per website 7-23 2 bed 1 bath 838 sq ft. $1194-1494 to the east ( studio 28 HOM flats) 100+ units on prairie units are listed as : One bed $1245 Two bed 1 bath $1445 Three bed $1630 To the west ( Water chase apartments) 100+ units to the west on prairie 2 bed 2 bath 870 sq ft $1450-2530 a month (wait list no availability per there website 7-23 ) 3 bed 2 bath 1020 sq ft. $1695-2415 1880 one Building consisting of : 2) 2 bed one bath units 4) 2 bed 1.5 bath units 1) 3 bed 1.5 bath units Current Rents can be increased to market when leases up a. 858 can be 1050 when lease up b.1100 when rented c. 895 can be 1200 when lease up d. 988 can be 1200 when lease up e. 1200 (Leased ) c.d.e.f. are the same unit type f. 988 can be 1200 when lease up g. 1350 when rented was leased at 1250 (laundry in unit) laundry room is currently free improvements : new hickory kitchens with granite countertops all units newer and new appliances depending on unit vinyl plank flooring new fixtures bathrooms repainted new commercial water heater 2020 insulated attic energy saving thermostats building pays : heat /water/trash/snow /yard tenant pays : electrical / cable and internet Taxes winter 2020 381.35 summer 2021 $ 6543.22 total 6924.57 Proof of funds/ financing required for showing Please do not disturb tenants Price 850K
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