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New Multi-family Conversion 301 N Hamilton St

14 Unit Block of Flats £234,735 (£16,767/Unit) Saginaw, MI 48602

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Investment Highlights

Commercial Historic Perry’s Schuch Hotel Restaurant and Saloon – EST. 1868
Interior has been gutted and ready for conversion.

Redevelopment opportunity to Multifamily Investment Property.

Executive Summary

This 15,000-square-foot, 3-floor historical hospitality building is currently in a renovation state with partially gutted interior, this is a conversion opportunity into a Multifamily property. Call Agent for details into this great investment opportunity!
Commercial Historic Perry’s Schuch Hotel Restaurant and Saloon – EST. 1868 Liquor license unavailable
Built in 1868 during the height of the lumbering era.

Property Facts

Price	£234,735	Building Class	C
Price Per Unit	£16,767	Lot Size	0.17 AC
Sale Type	Investment	Building Size	12,176 SF
Sale Conditions	High Vacancy Property Development Sale	Number of Floors	3
No. Units	14	Year Built	1868
Property Type	Residential	Parking Ratio	0.57/1,000 SF
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low Rise

Price	£234,735
Price Per Unit	£16,767
Sale Type	Investment
Sale Conditions	High Vacancy Property Development Sale
No. Units	14
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.17 AC
Building Size	12,176 SF
Number of Floors	3
Year Built	1868
Parking Ratio	0.57/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.