Skip main navigation
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

    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.

    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#: 20240081425MLS Logo

    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
    Services availability