MOXIE Real Estate + Development is pleased to exclusively offer Lakewood Apartments for sale. This well-maintained property boasts an attractive unit mix with the majority of units already renovated, offering a blend of stability and potential for continued growth. With substantial capital improvements, the property is primed for long-term success. Key features include: renovated Units, additional revenue stream by implementing RUBS/utility bill back program and renting storage the lockers. Rents are well below market. With almost 10 acers, there is a future development opportunity, with a possibility of incentives for future expansion. Lakewood Apartments represents a solid investment opportunity with significant upside potential. For more information, please contact MOXIE.
Active
$4,495,000
1525 Bacon Ave, Portage, MI 49002
6beds
4baths
2,394sqft
Est.:
5+ Units
Built in 1978
-- sqft lot
$4,345,600 Zestimate®
$1,878/sqft
$-- HOA
What's special
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