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241 Louis St
East Lansing, MI 48823 Downtown East Lansing

Price Upon Request

Apartments For Sale • 43,431 SF

Property Details

Property Type Apartments
Total Building Size 43,431 SF
Lot Size 1.01 AC
Building Class B
Year Built 2008
Zoning RM32

0 Transit Score

78 Walk Score

                
                    Highlights
                
                                100% occupied student housing portfolio
                            
                                Majority single-family rental (SFR) with additional multi-unit buildings
                            
                                Opportunity to redevelop select parcels into higher-density student housing
                            
                                Third-party management in place
                            
                                1,830 licensed beds and 228 total properties
                            
                                $1,150,000 projected monthly revenue in 2024-25

Amenities

Air Conditioning
Dishwasher
Disposal
Laundry Facilities
Refrigerator
Oven
Range
Tub/Shower
Lounge

Public Transportation

Commuter Rail	Drive	Walk	Distance
	5 min	-	1.6 mi
Airport	Drive	Walk	Distance
Capital Region International	15 min	-	6.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Surface
Included in Rent:	Yes

241 Louis St OFF MARKET East Lansing, MI 48823 Downtown East Lansing OFF MARKET