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235 W Washington St
Jackson, MI 49201
JACKSON MI PORTFOLIO · Multifamily Property For Sale
·
23 Units
Investment Highlights
- Contact Broker for Sale Price
- Value-Add Opportunity - Protentional to increase NOI by increasing rents and implementing a RUBS
- High Rental Demand
- Historically 95% Occupied
- Located in a Opportunity Zone and Downtown Jackson
- Near major employers including Consumers Energy, CMS Energy, and MiraMed
Executive Summary
23 Rentable Units with 5 Garages.
Property Facts
| Price Per Unit | $51,470 CAD | Lot Size | 0.40 AC |
| Sale Type | Investment | Building Size | 17,250 SF |
| No. Units | 23 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment | Parking Ratio | 5.56/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | C-3 Central Commerical | ||
| Price Per Unit | $51,470 CAD |
| Sale Type | Investment |
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.40 AC |
| Building Size | 17,250 SF |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 5.56/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C-3 Central Commerical |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 23 | - | 750 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $410,344 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$410,344 CAD
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