Houghton Lake Multi-Family Portfolio
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Houghton Lake Multi-Family Portfolio
3 Properties Offered at £1,558,767 in Multiple Locations
Investment Highlights
- -35 Units with 34/35 occupied!
- -Fully Amortized Land Contract Available with 20-25% down!
- -Management in Place
Executive Summary
A collection of multi-family buildings comprised of 35 units located near Houghton Lake, collecting over $21,000/month in
rents! This sale includes 3 parcels of land with 34 out of 35 units rented. With this nearly full occupancy rate and strong management in place, it's the perfect multi-family investment to add to one's portfolio!
FULLY AMORTIZED LAND CONTRACT AVAILABLE WITH 20-25% DOWN!
3000 W. Houghton Lake Dr.
-Apartment Building: 9 Units-6-2-bedrooms,1-3-bedroom, 1-1-bedroom,1 efficiency room.
-6 Cottages
114 Devonshire Dr.
-Apartment Building: 5 Units
-Motel: 10 Units
-5 houses
rents! This sale includes 3 parcels of land with 34 out of 35 units rented. With this nearly full occupancy rate and strong management in place, it's the perfect multi-family investment to add to one's portfolio!
FULLY AMORTIZED LAND CONTRACT AVAILABLE WITH 20-25% DOWN!
3000 W. Houghton Lake Dr.
-Apartment Building: 9 Units-6-2-bedrooms,1-3-bedroom, 1-1-bedroom,1 efficiency room.
-6 Cottages
114 Devonshire Dr.
-Apartment Building: 5 Units
-Motel: 10 Units
-5 houses
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | £1,558,767 | Number of Properties | 3 |
| Price / SF | £51.13 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 30,489 SF |
| Status | Active | Total Land Area | 6.74 AC |
| Price | £1,558,767 |
| Price / SF | £51.13 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 30,489 SF |
| Total Land Area | 6.74 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Ann's Water N Woods Motel
114 Devonshire Dr, Prudenville, MI 48651 |
Hospitality | 10,000 SF | 1976 | - |
| 3000 W Houghton Lake Dr, Houghton Lake, MI 48629 | Residential | 10,489 SF | 1980 | - |
|
Water N' Woods Apartments
114 Devonshire Dr, Prudenville, MI 48651 |
Residential | 10,000 SF | 1980 | - |
1 of 1
1 of 12
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Houghton Lake Multi-Family Portfolio
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.