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Campau Lake Culdesac Rental Properties 4 Specialty Properties Offered at $4,599,557 CAD in Alto, MI



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 | Status | Active |
| Price / SF | $502.96 CAD / SF | Number of Properties | 4 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 8% | Total Building Size | 9,145 SF |
| Sale Type | Investment | Total Land Area | 1.17 AC |
| 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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Campau Lake Culdesac Rental Properties
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