Apartment Building

Lapeer, MI Apartment Buildings for Sale

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6-Unit Renovated Apartment Building
Updated: Jun 18, 2024
6-Unit Renovated Apartment Building

315 E Nepessing St, Lapeer, MI 48446

$700,000
4,850 sqft
6‑unit apartment building with three 1‑bedroom and three 2‑bedroom apartments
100% occupied with annual leases
Interior and exterior renovations completed in 2022
Walkable to downtown Lapeer
Close to freeway access
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lapeer, 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.

Two-Story Apartment Building
Two-Story Apartment Building

130 Church Street, Grand Blanc, MI 48439

$399,900
9,111 sqft 0.31 AC lot

Downtown property with a stripped interior ready for redevelopment and flexible apartment-building planning.

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Mixed-Use Property with Retail
Mixed-Use Property with Retail

4475 Richfield Rd, Flint, MI 48506

$550,000
13,775 sqft

Nine residential units plus two retail spaces available for sale.

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30-Unit Apartment Building
30-Unit Apartment Building

410 Lippincott Blvd, Flint, MI 48503

$575,000
21,750 sqft

Renovated two-building apartment property with studio, one-bedroom, and two-bedroom residences near the I-69 and I-475 corridor.

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Two-Story Townhome Apartment Community
Two-Story Townhome Apartment Community

5238 Towne Hill Drive, Grand Blanc, MI 48439

Contact for pricing

Multifamily community with varied floor plans, resident amenities, and individually metered gas and electric service.

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Lapeer, MI Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Lapeer, MI on our real estate platform. These investment opportunities span a total of 4,850 square feet of properties for sale, with an estimated market value of $700,000.

Sale prices for apartment complexes in Lapeer, MI average $700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 31K
Population Growth (5Y) -0.7%
Median Household Income $66,382
College Educated 26.6%

High-Yield Neighborhoods for Investment

Identify Lapeer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48446 $700K

Taxes & Financing

Tax Rate (average for all types) 3.36%
Property Tax per SF $70.76 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lapeer County

New Delisted

Total CRE Inventory on Market (SF)

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