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Campau Lake Culdesac Rental Properties 4 Specialty Properties Offered at $4,599,557 CAD 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.We have numers to show the revenue ADR and complete income and expense for the past 3 years give us a call. Thanks Frank Roberts

TAXES & OPERATING EXPENSES (ACTUAL - 2023) Click Here to Access

ANNUAL (CAD)
Gross Rental Income $99,999
Other Income $99,999
Vacancy Loss $99,999
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

TAXES & OPERATING EXPENSES (ACTUAL - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Other Income (CAD)
Annual $99,999
Vacancy Loss (CAD)
Annual $99,999
Effective Gross Income (CAD)
Annual $99,999
Taxes (CAD)
Annual $99,999
Operating Expenses (CAD)
Annual $99,999
Total Expenses (CAD)
Annual $99,999
Net Operating Income (CAD)
Annual $99,999

PROPERTY FACTS

Price $4,599,557 CAD
Price / SF $502.96 CAD / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 8%
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 -
8778 Garbow Dr SE, Alto, MI 49302 Specialty 1,616 SF 1940 -
8770 Garbow Dr SE, Alto, MI 49302 Specialty 765 SF 1940 -
8796 Garbow Dr SE, Alto, MI 49302 Specialty 764 SF 1958 -
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  • Listing ID: 31095639

  • Date on Market: 2024-03-01

  • Last Updated:

  • Address: Campau Lake Culdesac Rental Properties, Alto, MI

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