100 4th Ave Tawas City, MI 48763

Listing agency Legacy Commercial Group Show Phone

Listed by Logan McAnallen, CCIM · License #MI 6501384328

Source Crexi

Added: Apr 11 Updated: Jul 22 at 12:40PM Checked: Jul 22 at 12:40PM

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Investment Insights

Based on property information with market context.

Legacy Commercial Group presents Manitou Place Condominiums, a condominium multifamily building built in 1977 in Tawas City, MI. The offering includes 17 units with a unit mix of (13) 2 bed/1 bath and (4) 1 bed/1 bath.

The property is described as being within walking distance to Tawas Bay. Public remarks also note consistent 100% occupancy and a waiting list.

Manitou Place includes a value-add component through rental increases, and it also offers a versatile disposition strategy because the units can be sold separately. Tenants are responsible for gas and electricity, and each unit includes its own water heater and furnace.

Key Highlights

• 17‑unit condominium property built in 1977 in Tawas City, MI
• Unit mix includes (13) 2 bed/1 bath units and (4) 1 bed/1 bath units
• Each unit has its own water heater and furnace; tenants pay gas & electricity

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FAQs

What type of property is this?

Apartment building - Built in 1977, this 17-unit condominium property offers 1- and 2-bedroom units with individual water heaters and furnaces.

Where is this apartment building located?

The property is located at 100 4th Ave Tawas City, MI.

What are key features of this property?

This property features: 17‑unit condominium property built in 1977 in Tawas City, MI; Unit mix includes (13) 2 bed/1 bath units and (4) 1 bed/1 bath units; Each unit has its own water heater and furnace; tenants pay gas & electricity