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$4,200,000
Favorite
96,997
square ft

26474 Village Heights Drive

Edwardsburg, Michigan 49112
Closed / MLS #16016899 / Multiple Unit (2-4) / Edwardsburg
Listing information updated 11/5/2021 at 1:43am
Multi-Family Portfolio Offering includes Village Heights Apartments, The Retreat, Wild Water Apartments, and two adjacent undeveloped land parcels totalling 7.33 +/- Acres surrounding the properties for future building expansion or wildlife habitat. The This Offering is a performing asset (currently 96% occupancy) that contains a total of 94 units with rental rates from $600 to $1000 per month (two units do not provide income stream since they are used as management office and storage). This Portfolio is managed by a local Management Company with increased occupancy levels since taking over the asset. The tenants are responsible for gas and electric. Municipal utilities serve the Properties. Buyer to be responsible for their own due diligence.

Full Features

Exterior Type:
Concrete,Stucco,Wood Siding
Basement:
Slab
Cooling System:
Central Air
Heating System:
Electric, Forced Air
Pool:
No
Age:
12 Years
Roof Type:
Composition
Room Count:
96
Water Front:
No
Square Feet:
96,997
Lot Size:
28.68 acres - 1,249,300 square feet
Acreage:
28.6800

Taxes & Assessments

Tax Amount:
$76,084
Tax Year:
2015

Location

Zip Code:
49112
City:
Edwardsburg
County:
Cass

Schools

Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Cressy Commercial Real Estate

Listing Office Phone: 574.271.4060

Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of SWMRIC, LLC. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.

Edwardsburg, MI

Located in Cass County in Southwestern Michigan and situated on just over one square mile, Edwardsburg is a village located amidst the rolling fields of Michigan’s countryside.The area surrounding Edwardsburg was not heavily forested, like many nearby areas of Michigan. This led to extremely ferti...
$217,656
Average Sale Price
68
Average Days On The Market
96%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 26474 Village Heights Drive, Edwardsburg, MI 49112

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26474 Village Heights Drive is a multiple unit (2-4) which sold for $4,200,000. This multiple unit (2-4) has been listed on @properties since April 1st, 2016 and was built in 2009.

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