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4221 N Grand River Ave
Lansing, MI 48906

$1,140,000 USD

Apartments For Sale  •  9,096 SF

Property Details

  • Property Type Apartments
  • Total Building Size 9,096 SF
  • Lot Size 0.29 AC
  • Building Class C
  • Year Built 1965
  • Cap Rate 7.06 %
  • Zoning D-1 PRO
25 Transit Score
46 Walk Score

Highlights

The Ingham County submarket contains over 30,000 market rate apartments. Q2 occupancy is nearly 95%
Frontage on Grand River Ave. which provides access to I-96, US 127, I-69 and I-496.
Located immediately southeast of a major international airport entrance. There are 700 people employed at the airport, and LAN contributes nearly 6,2
Residents enjoy access to amenities of Downtown Lansing and East Lansing.

Property Flyers

Cap Rate: 7.06 %

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Cable Ready
  • Controlled Access
  • Dishwasher
  • Disposal
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Maintenance on site
  • Online Services
  • Handrails
  • Vinyl Flooring
  • Warming Drawer
  • Wheelchair Accessible (Rooms)
  • Window Coverings
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
East Lansing Amtrak Station (Blue Water - Amtrak) 14 min - 7.4 mi
AirportDriveWalkDistance
Capital Region International 2 min - 0.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 21
Type: Surface
Included in Rent: Yes
Michael McClafferty 248-972-7040 Berkadia Real Estate Advisors
Michael McClafferty 248-972-7040 Berkadia Real Estate Advisors