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Sold
  • $375,600

    26474 Village Heights Dr, Edwardsburg, MI 49112

    --beds
    --baths
    --sqft
    5+ Units
    Built in 2009
    -- sqft lot
    $375,600 Zestimate®
    $--/sqft
    $1,629 Estimated rent

    Home value

    $375,600

    $293,000 - $477,000

    $1,629/mo

    Zestimate® history
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    What's special

    Multi-Family Portfolio Offering includes Village Heights Apartments, The Retreat, Wild Water Apartments, and two adjacent undeveloped land parcels totalling 7.33 +/- Acres surrounding the properties for future building expansion or wildlife habitat. The This Offering is a performing asset (currently 96% occupancy) that contains a total of 94 units with rental rates from $600 to $1000 per month (two units do not provide income stream since they are used as management office and storage). This Portfolio is managed by a local Management Company with increased occupancy levels since taking over the asset. The tenants are responsible for gas and electric. Municipal utilities serve the Properties. Buyer to be responsible for their own due diligence. . The owner discloses the acquisition of the property was under adverse possession and shall be sold in an "as is" condition. The property was returned to the Lender by Foreclosure or Deed in Lieu. Detailed information on the investment opportunity will be provided after completion of a confidentiality agreement

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Richard J Doolittle 574-286-0971,

    Cressy Commercial Real Estate

    Bought with:

    Richard J Doolittle, 6501315666

    Cressy Commercial Real Estate

    Source: MichRIC,MLS#: 16016899MLS Logo

    Facts & features

    Interior

    Heating
    • Forced Air
    Cooling
    • Central Air
    Features
    • Basement: Slab

    Property

    Parking
    • Total spaces: 100
    • Parking features: Paved
    Lot
    • Size: 28.68 Acres
    • Dimensions: 500 x 2000
    Details
    • Parcel number: 1409110014101102
    • Zoning description: R3 Multifamily

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Units
    Materials
    • Concrete, Stucco, Wood Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 2009

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Phone Connected, Electricity Connected

    Community & HOA

    Location
    • Region: Edwardsburg

    Financial & listing details

    • Tax assessed value: $1,512,494
    • Annual tax amount: $76,084
    • Date on market: 4/18/2016
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity, Gas
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/26/2016Sold$4,200,000
    Source: MichRIC #16016899 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 49112

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $375,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $375,600