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Nu Michigan 2050 Inverway Ct Immeuble residentiel 18 lots À vendre Kalamazoo, MI 49009
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- 18 Unit Multifamily Property with 6 Buildings available for sale with a 95% occupancy rate.
- The value-add program supports a pro forma CAP RATE OF 10 PERCENT.
- With the planned four-bedroom conversions, Nu Michigan Apartments is positioned to unlock substantial rent growth and long-term value.
RÉSUMÉ ANALYTIQUE
2050 Inverway Court in Kalamazoo, Michigan is a 6 Building, 18-Unit Multi-family property with Great value add potential. Currently the properties total 27,000 SF with a unit mix of 6-two bedroom, 1-bath, 900 SF, 11-two bedroom, 1-bath, 1800 SF, and 1-four bedroom, 2-bath, 1800-sf units. With the planned four-bedroom conversions, Nu Michigan
Apartments is positioned to unlock substantial rent growth and long-term value.
The total conversion cost of $187,000, based on $17,000 per unit for eleven units, is projected to generate an annual rent increase of $78,012 while strengthening the property’s competitive position in the market. e value-add program supports a pro forma CAP RATE OF 10 PERCENT, driven by rental premiums that remain conservative compared to existing benchmarks. Current four-bedroom conversions are already achieving $2,200 per month, or $1.22 PER SQUARE FOOT, which remains well below the $1.51 per square foot achieved by smaller two-bedroom units. is gap highlights significant upside potential through continued upgrades and execution of the conversion strategy.
Return on investment calculations underscore the compelling nature of this opportunity. With a $187,000 investment, the property produces an additional $78,012 in annual rent, generating an ROI of 641 PERCENT and an annualized ROI of 42 PERCENT. is proven rent growth story, paired with highly attractive returns, highlights the strength of the Nu Michigan value-add strategy.
Apartments is positioned to unlock substantial rent growth and long-term value.
The total conversion cost of $187,000, based on $17,000 per unit for eleven units, is projected to generate an annual rent increase of $78,012 while strengthening the property’s competitive position in the market. e value-add program supports a pro forma CAP RATE OF 10 PERCENT, driven by rental premiums that remain conservative compared to existing benchmarks. Current four-bedroom conversions are already achieving $2,200 per month, or $1.22 PER SQUARE FOOT, which remains well below the $1.51 per square foot achieved by smaller two-bedroom units. is gap highlights significant upside potential through continued upgrades and execution of the conversion strategy.
Return on investment calculations underscore the compelling nature of this opportunity. With a $187,000 investment, the property produces an additional $78,012 in annual rent, generating an ROI of 641 PERCENT and an annualized ROI of 42 PERCENT. is proven rent growth story, paired with highly attractive returns, highlights the strength of the Nu Michigan value-add strategy.
INFORMATIONS SUR L’IMMEUBLE
| Type de vente | Investissement | Surface du lot | 0,54 ha |
| Nb de lots | 18 | Surface de l’immeuble | 2 508 m² |
| Type de bien | Immeuble residentiel | Occupation moyenne | 95% |
| Sous-type de bien | Appartement | Nb d’étages | 2 |
| Style d’appartement | De faible hauteur | Année de construction/rénovation | 1978/2025 |
| Classe d’immeuble | C | ||
| Zonage | R-4 MUL - Multifamily Residential | ||
| Type de vente | Investissement |
| Nb de lots | 18 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Surface du lot | 0,54 ha |
| Surface de l’immeuble | 2 508 m² |
| Occupation moyenne | 95% |
| Nb d’étages | 2 |
| Année de construction/rénovation | 1978/2025 |
| Zonage | R-4 MUL - Multifamily Residential |
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Climatisation
- Chauffage
- Cuisine
- Réfrigérateur
- Four
LOT INFORMATIONS SUR LA COMBINAISON
| DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
|---|---|---|---|
| 2+1 | 17 | - | 84 - 167 |
| 4+2 | 1 | - | 167 |
1 1
TAXES FONCIÈRES
| N° de parcelle | Évaluation des aménagements | 0 € | |
| Évaluation du terrain | 0 € | Évaluation totale | 354 846 € |
TAXES FONCIÈRES
N° de parcelle
Évaluation du terrain
0 €
Évaluation des aménagements
0 €
Évaluation totale
354 846 €
CONTACTS
-
Christopher Futo -
Jordan Migdal -
Gordon Navarre -
Paul Kerber -
Marcus & Millichap
1 sur 15
VIDÉOS
VISITE EXTÉRIEURE 3D MATTERPORT
VISITE 3D
PHOTOS
STREET VIEW
RUE
CARTE
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Présenté par
Nu Michigan | 2050 Inverway Ct
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