18278 Swiss Drive
Spring Lake, MI 49456
#65024035859
Description
Investment opportunity to own 10 apartment units in highly sought-after Spring Lake. This sale includes a 4 unit building (18270 Swiss) and a 6 unit building (18278 Swiss), on separate parcels. Close to Coast Guard Park, Ottawa Sands, North Beach and many other attractions West Michigan has to offer. There is coin operated laundry in the common areas. With some utilities split, there is a value add opportunity to implement a utility bill back/RUBS program to recapture some of the utility expense. Rents are below market rates. Many of the units have new paint, flooring and updates. With limited rental product in Spring Lake it makes this an incredible value add opportunity.
Interior Details
- CoolingWall Unit(s), Window Unit(s)
- HeatingRadiant
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1
Community and Neighborhood Details
- RegionSpring Lake Twp
- ZoningMulti-Family
- School DistrictGrand Haven
- CountyOttawa
Financial Details
- Original List Price$950,000
Other
- MLS #65024035859
Location
Legal
Notice: This listing provided courtesy of Realcomp IDX (REALCOMP). The information contained in this listings has not been verified by us or the MLS and should be verified by the parties interested.
Listing Courtesy
Listing Agent: Shawn Jacobs (#65150004868769)
Listing Office: MOXIE Real Estate + Development (#650008677242)
Listing Courtesy (Buyer)
Buyer's Agent: Ryan J Kruithoff (#71142707179601)
Buyer's Office: Five Star Real Estate Lakeshore LLC (#712653223911)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
