4601 S Martin Luther King Jr Blvd
Lansing, MI 48910
Immeuble residentiel Propriété À vendre · 8 Unités

Immediate In-Place Income Stream: Portfolio offers dayone cash flow supported by an established tenant base and proven occupancy history. Investors benefit from immediate revenue with the ability to quickly capture additional NOI through lease-up of the remaining vacant unit and continued rent optimization over time. Desirable 2 Bed/1 Bath Unit Mix: The property features a highly sought-after 2-bedroom, 1-bathroom unit configuration that appeals to workforce housing tenants, roommates, and small families. This unit mix historically supports strong occupancy, longer tenant retention, and consistent demand across varying economic cycles. Strong Proximity to Major Employment & Education Hubs: The portfolio benefits from convenient access to major employment drivers including the State of Michigan offices, Michigan State University, regional healthcare systems, and surrounding commercial corridors. These employment and education anchors provide a stable renter pool and contribute to long-term housing demand in the Lansing metro. Portfolio Scale (24 Units Across Two Properties): Opportunity to acquire two multifamily assets in a single transaction, providing immediate scale and diversified income streams across multiple buildings. Portfolio ownership allows for operational efficiencies, shared management resources, and improved expense control through economies of scale.