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320 Koch Ave
Ann Arbor, MI 48103
Build-to-Rent Property For Sale
·
6 Units
Executive Summary
Introducing a prime investment opportunity in the heart of Ann Arbor, MI. This meticulously maintained 4,248 SF property, built in 1958, presents an attractive proposition for multifamily investors. With a total of 6 fully-occupied units and a desirable R4B zoning, this property offers a stable source of income and promising future potential. Its ideal location provides convenient access to the area's amenities and attractions. Boasting 100% occupancy, this property stands as a testament to its strong rental demand and investment value. Don't miss the chance to add this exceptional multifamily property to your portfolio in this thriving market.
Property Facts
| Price Per Unit | £229,054 | Total Plot Size | 0.15 ac |
| Sale Type | Investment | Property Size | 4,510 sq ft |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Build-to-Rent | No. Floors | 3 |
| Property Subtype | Apartment | Year Built | 1958 |
| Apartment Style | Low-Rise | Parking Allocation | 1.88/1,000 sq ft |
| Costar Property Class | C | ||
| Use Class | R4B | ||
| Price Per Unit | £229,054 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.15 ac |
| Property Size | 4,510 sq ft |
| Average Occupancy | 100% |
| No. Floors | 3 |
| Year Built | 1958 |
| Parking Allocation | 1.88/1,000 sq ft |
| Use Class | R4B |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Handrails
- Smoke Free
- Vinyl Flooring
- Window Coverings
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Bicycle Storage
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent pcm | sq ft |
|---|---|---|---|
| 2+1 | 5 | £1,784 | 708 |
| 2+1 | 1 | £1,598 | 708 |
Property Taxes
| Parcel Number | 09-29-335-005 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £295,189 |
Property Taxes
Parcel Number
09-29-335-005
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£295,189
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