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2320-2355 30th St SW
Wyoming, MI 49519

$4,200,000 USD

Apartments For Sale  •  34,060 SF

Property Details

  • Property Type Apartments
  • Total Building Size 34,060 SF
  • Lot Size 2.92 AC
  • Building Class C
  • Year Built 1971
  • Cap Rate 8.63 %
  • Zoning R4
0 Transit Score
48 Walk Score

Highlights

Matthews Real Estate Investment Services TM is pleased to offer The Executive Estates located at 2320-2355 30th St SW Wyoming, MI 49519.
features 40 2-bedroom units spanning over 5 acres in 4 separate buildings, built in 1971 and renovated in 2021 with continuous renovations since.
Increased rents stemming from extensive capital expenditures during ownership have been realized as tenants turnover or renew leases.
Well-managed and maintained: 95% occupied with 2 remaining units having laminate vinyl plank installed and will be leased shortly.
Ample onsite parking available for all tenants.
Cap Rate: 8.63 %

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Carpet

Public Transportation

Commuter RailDriveWalkDistance
Grand Rapids Vernon J. Ehlers Station (Pere Marquette - Amtrak) 10 min - 5.3 mi
AirportDriveWalkDistance
Gerald R Ford International 25 min - 13.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Mike Blake 773-614-4071 Matthews Real Estate Investment Services
Mike Blake 773-614-4071 Matthews Real Estate Investment Services