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$4,650,000
Est. payment /mo
9.84 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65025012313
Year Built 1978
Lot Size 9.840 Acres
Acres 9.84
Property Sub-Type MultiFamily
Property Description
MOXIE Real Estate + Development is pleased to exclusively offer Lakewood Apartments for sale. This well-maintained property boasts an attractive unit mix with the majority of units already renovated, offering a blend of stability and potential for continued growth. With substantial capital improvements, the property is primed for long-term success. Key features include: renovated Units, additional revenue stream by implementing RUBS/utility bill back program and renting storage the lockers. Rents are well below market. With almost 10 acers, there is a future development opportunity, with a possibility of incentives for future expansion. Lakewood Apartments represents a solid investment opportunity with significant upside potential. For more information, please contact MOXIE.
Location
State MI
County Kalamazoo
Area Area39101Portagetwp
Interior
Heating HotWater, NaturalGas, Radiant
Exterior
Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected, SewerConnected
View Y/N No
Roof Type Composition
Building
Foundation Slab
Sewer PublicSewer, SewerAtStreet
Water Public, WateratStreet
New Construction No
Schools
High Schools Portage
School District Portage
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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©2025 Realcomp II Ltd. Shareholders
Listed by Daniel Kolp of MOXIE Real Estate + Development
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