Sugar Pine Apartments is a stabilized, value-add 19 unit apartment building located in Holt, MI. The property consists of eighteen 1 bedroom apartments (800 square feet) one 3 bedroom unit (1,000 square feet) and 9 storage units. The property is 100% occupied grossing $17,295 per month.
All 19 units are in one building - that was built in 1999. Each unit is equipped with a window air conditioning unit, along with baseboard heat. There are 28 parking spaces for the 19 units. The units are separately metered for electric which the tenant puts in their name. The heat is supplied through baseboard heat. The landlord pays for water, sewer and trash. Most properties in the area bill back for these utilities, so there is opportunity to increase value through collecting RUBS. The current owner has invested over $100,000 into the building this year including patching, sealing and striping the parking lot, 3 unit renovations, and exterior / common area CAPEX.
Sold for $1,750,000 on 02/04/25
$1,750,000
2342 Aurelius Rd, Holt, MI 48842
21beds
18,200sqft
Multi Family
Built in 1999
-- sqft lot
$-- Zestimate®
$96/sqft
$950 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 15, 2025 at 05:30pm
Listed by:
Brady Williams 360-989-5395,
Greater Development LLC
Bought with:
Brady Williams
Greater Development LLC
Source: Realcomp II,MLS#: 20240081425

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 21
- Bathrooms: 19
- Full bathrooms: 19
Heating
- Baseboard, Natural Gas
Features
- Basement: Finished
- Has fireplace: No
Interior area
- Total interior livable area: 18,200 sqft
- Finished area above ground: 18,200
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 1.49 Acres
- Dimensions: 175.80 x 336.00
Details
- Parcel number: 33250514151003
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement, Brick Mortar
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1999
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Holt
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional