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    6-Unit Apartment Building with Warehouse
    Updated: Apr 12
    6-Unit Apartment Building with Warehouse

    2495 US-131, Boyne Falls, MI 49713

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    Six‑unit multifamily property at 2495 US‑131, Boyne Falls, MI 49713
    1,600‑square‑foot attached warehouse
    Currently being reconfigured for rental use
    Space identified for 4 additional rental units
    Former restaurant and motel improvements
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Boyne Falls, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Building Apartment Property
    Three-Building Apartment Property

    4987 Loeb Road, Charlevoix, MI 49720

    $1,495,000
    6,317 sqft 2.00 AC lot

    Leased apartment compound with commercial zoning, established improvements, and capacity for an additional unit.

    View details
    Three-Building Apartment Compound
    Three-Building Apartment Compound

    4987 Loeb Road, Charlevoix, MI 49720

    $1,495,000
    6,317 sqft 2.00 AC lot

    Leased residential units occupy a flexible multifamily layout with approved capacity for additional occupancy.

    View details
    8-Unit Multifamily Apartment Building
    8-Unit Multifamily Apartment Building

    1341 S Lakeshore Drive, Lake City, MI 49651

    $420,000
    4,880 sqft 2.11 AC lot

    Fully occupied 8-unit apartment complex with expansion space on a 2.11-acre lot.

    View details
    Turnkey Multifamily with Expansion Potential
    Turnkey Multifamily with Expansion Potential

    Lake City, MI 49651

    $420,000
    2,448 sqft 2.11 AC lot

    Fully rented 8-unit apartment complex with development potential.

    View details

    Boyne Falls, MI Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Boyne Falls, MI on our real estate platform.

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    Demographics Overview

    Population 2,175
    Population Growth (5Y) +6.1%
    Median Household Income $77,375
    College Educated 31.8%

    Taxes & Financing

    Tax Rate (average for all types) 3.08%
    Property Tax per SF $1.57 per SF
    Tax Rate vs County Average 0.25 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Charlevoix County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Charlevoix County

    Residential Income

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