Investment property, Duplex
Four 2 Bedroom/ Eight 1 Bedroom Apartment Complex Fully Occupied, Many Updates Built 1976 Located on deep, wide canal with St. Clair River access New heating system, newer AC Units New door-walls, well maintained interior Waterfront dockage for extra possible income
This Tri-plex has been completely renovated. New siding and roof in 2002. New windows in 2002. Electrical, plumbing, hot water heaters, and heating/cooling all new. Each unit has separate hot water heaters, furnaces, and electric/gas meters. Large parking area. Lawn maintenance already paid for this summer. All appliances in good working condition
State business / very successful business / great return on investment/signed 5 year lease. Almost 3 beautiful acres, open concept. Lots of storage, handicap excess-able. 2 full baths. Bedrooms all large. Over-sized garage with individual storage (Has required alarms). Please this is an adult group home, be kind and gentle. Pre-qualified buyers only.Will not be disappointed. GENERATE $21000 NET/YEAR, STEADY BUSINESS FOR 5 YEARS LEASE COULD BE EXTENDED ANOTHER 5.
Anchor Bay Mobile Home Community is a 1138-pad mobile home park situated on 267.6 acres located at 10470 Dixie Highway in Fair Haven, MI. Built in several phases, the property is roughly 55% Single wide lots and 45% Double Wide Lots. The communities are connected to municipal water supply and sewer.The property features 2 all brick clubhouses within the communities. The first is utilized as the management office and features a pool and sundeck. The second clubhouse is a community activity center for resident teens in the afternoon. This clubhouse features a large pool and sundeck and a large playground.The Marina and Boat Club is open to the public and is utilized primarily by non-residents. The property contains a clubhouse with two kitchens, two bathrooms, and two gathering rooms. The property also features a clubhouse for the harbormaster. A separate smaller building includes an office, two bathrooms and showers for boaters to utilize without entering the clubhouse. There are also two boat launches for dry well renters to launch their boats on an as-needed basis. Tremendous upside in re-configuring the parks.
State business / very successful business / great return on investment 5 year lease. Almost 3 beautiful acres, open concept. Lots of storages, handicap excess-able. 2 full baths. Bedrooms all large. Over-sized garage with individual storage (Has required alarms). Please this is an adult group home, be kind and gentle. Will not be disappointed.!!!The term of the lease for 5 years commenced on July 1, 2014. After the expiration date, tenant has the option to 2 additional five years periods (10 years) at the same terms. This property has been rented since 1994 to Macomb County. The owner has a current and valid 2 term- 5 year lease. lease agreement is available upon request. Thanks !WE CONSIDER ALL REASONABLE OFFERS!
Built as a 2 family. Separate water, gas, elec. Vinyl windows. Roof 1 yr. Newer lower kitchen, fresh paint. Newer sewer line. Great rental with built in income. Separate lockable storage. First floor laundry and basement laundry.ATTENTION INVESTORS & first time buyers! Return on investment 14% or live in one and keep the other one rented and live for free! GREAT INVESTMENT! Built as a 2 family home. Separate water, gas, electric. Vinyl windows, roof 1 year old, newer lower kitchen, and fresh paint. Great rental with built in income. Separate lockable storage. First floor laundry and basement laundry. Lower unit is rented for $825/month and the upper is vacant for now to lease for $765/month.
Kingston Manor Apartments feature one and two bedroom units, with a laundry room in each building. Very accessible parking. Tenants pay electric and internet, landlord pays for water. More than 45 units are newly remodeled.
See attached brochure for financial detailsTotal of 35 units