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Maynard Court Apartments 25 Maynard Ct 12 Unit Apartment Building $2,722,044 CAD ($226,837 CAD/Unit) 8% Cap Rate Pontiac, MI 48342
EXECUTIVE SUMMARY
12 Units (All 3 Bed / 1 Bath) | 15,324 Sq. Ft. | 100% Occupied Fully renovated interiors (2023) | New tear-off roof (2024) City Rental Certified with Inspection Approval Individually Metered Gas & Electric | Walk-out basements & Rear Balconies Close to major employers: GM, UWM Value-Add Opportunity: Below Market Rents
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $2,722,044 CAD | Building Class | C |
| Price Per Unit | $226,837 CAD | Lot Size | 1.03 AC |
| Sale Type | Investment | Building Size | 16,344 SF |
| Cap Rate | 8% | Average Occupancy | 100% |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1926 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Townhome | ||
| Zoning | RI - Licensed rentals with the city of Pontiac | ||
| Price | $2,722,044 CAD |
| Price Per Unit | $226,837 CAD |
| Sale Type | Investment |
| Cap Rate | 8% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 1.03 AC |
| Building Size | 16,344 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1926 |
| Opportunity Zone |
Yes |
| Zoning | RI - Licensed rentals with the city of Pontiac |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 12 | - | 1,362 |
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Maynard Court Apartments | 25 Maynard Ct
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