38272 FAIRWAY CT.

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38272 FAIRWAY CT.

Clinton Twp, Michigan 48038

1 beds | 1 baths | 600 sqft | 0 acres | MLS# 215053683

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For more information on this property, please contact:

Anwar Jennings

313-283-1873 313-283-1873 Send email

DESCRIPTION

INVESTMENT OPPORTUNITY. 23 UNITS ARE BEING SOLD AS A PACKAGE. ALL UNITS ARE PRESENTLY LEASED. SOME OF THE TENANTS ARE VERY LONG TERM. EACH UNIT IS A ONE BEDROOM, ONE BATH UNIT. ALL PARCEL ID'S INCLUDED IN THE PACKAGE ARE LISTED WITH DISCLSOURES. MOST UNITS ARE UPDATED. NET OPERATING INCOME AFTER OPERATING EXPENSES IS $85,000.00 PER YEAR, WHICH IS AN 8.5% CAP RATE.

FACTS

Full Baths: 1 Style: Ranch School District: Chippewa Valley County: Macomb Status: Sold Listing Type: Condominium Year Built: 1972 Stories: 1 Story Up Cooling: Central Air Heating: Forced Air

FEATURES

Garage Size: No Garage Sewer: Sewer-Sanitary Appliances: Dishwasher,Disposal,Refrigerator,Stove Exterior: Brick,Vinyl Exterior Features: Grounds Maintenance,Outside Lighting,Pool - Inground Water Heater: Gas Directions: SOUTH OFF CLINTON RIVER RD. EAST OF GARFIELD RD.

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