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Mount Pleasant Multi-Family Buildings 2 Multifamily Properties Offered at $977,004 CAD in Mount Pleasant, MI
INVESTMENT HIGHLIGHTS
- Located in downtown Mount Pleasant
- Fully Occupied
- 5 Minutes from Central Michigan University
- Tenant Paid Electric & Gas - 304 Main
EXECUTIVE SUMMARY
Wonderful Downtown Mt. Pleasant Multi-families for sale. This sale is a two-property portfolio in a prime location sitting directly in the downtown district and just 5 minutes away from Central Michigan University. If you ever hoped to own college rental properties, here's your chance to get in small, grow big! 304 Main recently received a new roof and many interior upgrades. Secure your investment portfolio now with these two fully occupied cash flowing multi-families! 109 Illinois Street, Mount Pleasant, MI 48858 is directly next door and included in this sale!
DATA ROOM Click Here to Access
TAXES & OPERATING EXPENSES (PRO FORMA - 2026) Click Here to Access |
ANNUAL (CAD) |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
TAXES & OPERATING EXPENSES (PRO FORMA - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| 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 | $977,004 CAD | Number of Properties | 2 |
| Price / SF | $264.06 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 7.80% | Total Building Size | 3,700 SF |
| Sale Type | Investment | Total Land Area | 0.37 AC |
| Status | Active |
| Price | $977,004 CAD |
| Price / SF | $264.06 CAD / SF |
| Cap Rate | 7.80% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 3,700 SF |
| Total Land Area | 0.37 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 109 W Illinois St, Mount Pleasant, MI 48858 | Multifamily | 2,100 SF | 1980 | - |
| 304 S Main St, Mount Pleasant, MI 48858 | Multifamily | 1,600 SF | 1953 | - |
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Presented by
Shareholder's R.E., Mngmnt., Mtg., & Acctng., P.C.
Mount Pleasant Multi-Family Buildings
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