CONDO PORTFOLIO WITH ASSUMABLE NONRECOURSE LOAN IN PLACE

Highlights

• - Assumable loan terms at 4.11% until November 2031 (see term sheet)
• - 38,700 total SF
• - 36 units
• - Prime location in Marysville
• - 100% occupancy rate (with waiting list)
• - Consistently high rental demand
• - Well-maintained property
• - Strong rental income history
• - Opportunity for portfolio expansion
• - Proximity to amenities and conveniences

Description

Introducing the prime investment opportunity at 1255 Georgia Avenue, Marysville, MI. This expansive 38,700 SF portfolio boasts 36 units and is currently operating at maximum capacity with 100% occupancy. Assumable Nonrecourse financing in place Situated in the sought-after Marysville area, this property presents an alluring prospect for multifamily and single-family rental portfolio investors. With a strong performance history and a thriving tenant community, this well-maintained property offers a compelling blend of stability and growth potential.

Marysville, MI, is a thriving community located along the scenic St. Clair River, offering a high quality of life with excellent schools, recreational amenities, and a robust local economy. The city boasts a strategic location with easy access to major transportation routes, making it attractive for both residents and businesses. With a growing demand for housing driven by economic development and a strong sense of community, Marysville presents a rare and compelling opportunity for investing in this 36-unit apartment real estate portfolio.

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