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Additional details

Larry Else

larry@dtrdetroit.com +1(313) 315-3215

$ 4,495,000

Est. payment -/mo

Save

Active

1525 Bacon AVE Portage, MI 49002

9.84 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65025059801

Year Built 1978

Lot Size 9.840 Acres

Acres 9.84

Property Sub-Type MultiFamily

Property Description

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.

Location

State MI

County Kalamazoo

Area Area39101Portagetwp

Interior

Heating Hot Water, Natural Gas, Radiant

Fireplace No

Exterior

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected, SewerConnected

View Y/N No

Roof Type Composition

Building

Foundation Slab

Sewer Public Sewer, Sewer At Street

Water Public

New Construction No

Schools

High Schools Portage

School District Portage

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Daniel Kolp of MOXIE Real Estate + Development

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 20

9

Moorsbridge Elementary School

Public | PK - 5
9

Greenwood Elementary School

Public | PK - 3
8

Woods Lake Elementary School

Public | KG - 5
8

Oakland Academy

Public | KG - 6
8

Lake Center Elementary School

Public | PK - 5
8

Sunset Lake Elementary School

Public | PK - 5
8

Tobey Elementary School

Public | PK - 5
7

Schoolcraft Elementary School

Public | 1 - 5
7

Central Elementary School

Public | PK - 5
6

12th Street Elementary School

Public | PK - 5
6

Angling Road Elementary School

Public | PK - 5
5

Haverhill Elementary School

Public | PK - 5
5

Woodland Elementary School

Public | PK - 5
5

Green Meadow Elementary School

Public | KG - 4
4

Amberly Elementary School

Public | PK - 5
4

Woodsedge Learning Center

Public | KG - 12
3

Paramount Charter Academy

Public | KG - 8
3

Milwood Elementary School

Public | PK - 5
1

Washington Writers' Academy

Public | PK - 5
0

Kalamazoo Christian Elementary School

Private | PK - 4

Middle Schools 7

8

Portage West Middle School

Public | 6 - 8
7

Schoolcraft Middle School

Public | 6 - 8
7

Vicksburg Middle School

Public | 6 - 8
6

Portage North Middle School

Public | 6 - 8
6

Portage Central Middle School

Public | 6 - 8
4

Milwood Magnet School

Public | 6 - 8
1

Portage Community High School

Public | 6 - 12

High Schools 7

8

Portage Central High School

Public | 9 - 12
8

Vicksburg High School

Public | 9 - 12
7

Schoolcraft High School

Public | 9 - 12
6

Portage Northern High School

Public | 9 - 12
6

Loy Norrix High School

Public | 9 - 12
0

Hackett Catholic Preparatory

Private | 9 - 12
0

W-a-y Vicksburg Program

Public | 9 - 12

School and business data provided by Attom Data.

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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