List Search

2050 Inverway Ct
Kalamazoo, MI 49009

Price Upon Request

Apartments For Sale  •  27,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 27,000 SF
  • Lot Size 1.35 AC
  • Building Class C
  • Year Built 1978
  • Zoning R-4 MUL
0 Transit Score
41 Walk Score

Highlights

18 Unit Multifamily Property with 6 Buildings available for sale with a 95% occupancy rate.
With the planned four-bedroom conversions, Nu Michigan Apartments is positioned to unlock substantial rent growth and long-term value.
The value-add program supports a pro forma CAP RATE OF 10 PERCENT.

Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven

Public Transportation

Commuter RailDriveWalkDistance
Kalamazoo (Blue Water - Amtrak, Wolverine - Amtrak) 10 min - 4.9 mi
AirportDriveWalkDistance
Kalamazoo/Battle Creek International 18 min - 8.6 mi
Christopher Futo 248-415-3012 Marcus & Millichap
Christopher Futo 248-415-3012 Marcus & Millichap