For sale
  • $1,100,000

    4221 N Grand River Ave, Lansing, MI 48906

    23beds
    7,760sqft
    : 
    Multi Family
    Built in 1965
    -- sqft lot
    $89,100 Zestimate®
    $142/sqft
    $-- HOA

    What's special

    Skyline Apartments is a well-maintained 12-unit multifamily property located along Lansing’s northwest Grand River corridor. Built in 1965 and fully renovated in 2023, the property totals 7,760 SF across one two-story building with a garden-level layout. The unit mix consists of eleven 2-bed/1-bath apartments and one 1-bed/1-bath unit, averaging 783 SF. Current occupancy is 95%, generating over $13,000 in monthly rent with additional upside through continued rent growth and operational efficiencies. Priced at $1,100,000 ($91,667/unit), Skyline offers investors a multifamily investment opportunity, supported by Lansing’s strong employment base anchored by Michigan State University, Sparrow Health, and General Motors.
    3 days
    |
    169
    |
    10
    |
    • Loading
    • Loading