70 N Lester Avenue, White Cloud MI 49349

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$2,720,000

70 N Lester Avenue, White Cloud, MI 49349

bedrooms

bathrooms

square feet

Acreage

3.12

Open Houses

year built

1980

Full Baths

Half Baths

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32 unit apartment building in a growing submarket, with an attractive unit mix. There is coin-operated laundry and storage units, in each building. The electrical and gas are individually metered. Rents are below market. Value add opportunity to increase rents to market as leases expire. This could be a great opportunity for your next cost segregation study or 1031 exchange. Many capital improvements have been completed, some renovations completed are: common area updates, roof and gutters, exterior doors, appliances, unit renovations, parking lot repairs and much more.

Location
Subdivision	-
County	Newaygo
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 24054434

Listing agent: Shawn Jacobs

Listing broker: Moxie Real Estate + Development (616) 890-7794

Copyright © 2025 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Friday, January 17 2025 at 6:55 a.m. EST

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