15-Unit Multifamily Apartment
For Sale
$969,900
1019 E Broadway St, Mt Pleasant, MI 48858
15-unit apartment building with established operations and access to CMU, entertainment, and US Highway 127.
Property Size600 SF
Price / SF$1,616
Days on Market112
Property Features for 1019 E Broadway St
General Information
Standard status
Active
Size
600 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
15
Building Details
Year Built
1950
Listing Agency:
Keller Williams of NM Signature Group
Listed By:
Keith D Cotter
(989) 495-2556
Source:
Vmrealestatemichigan
Added: May 25
Changed: Sep 9
Last Checked: Sep 12 at 10:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams of NM Signature Group
Investment Insights
Based on property information with market context.
Broadway Apartments is a 15-unit multifamily property offering an established operating foundation. The property has an interior unit upgrade focus, and the broader improvement plan described in the marketing includes modernizing unit interiors, enhancing common areas, and continuing rent optimization as leases renew.
The building is positioned along East Broadway in Mount Pleasant, providing connectivity throughout the region. The remarks note proximity to Central Michigan University and Soaring Eagle Casino & Resort, with convenient access to US Highway 127. Walk and bike scores are listed as 63 (Somewhat Walkable) and 56 (Bikeable).
For investors or operators seeking a managed multifamily asset, Broadway Apartments presents a straightforward platform with current stability and a clear path for hands-on asset management. The property’s described approach centers on targeted interior and common-area improvements to align rents and finishes over time, supporting continued competitiveness for tenants in Mount Pleasant’s rental market.
The building is positioned along East Broadway in Mount Pleasant, providing connectivity throughout the region. The remarks note proximity to Central Michigan University and Soaring Eagle Casino & Resort, with convenient access to US Highway 127. Walk and bike scores are listed as 63 (Somewhat Walkable) and 56 (Bikeable).
For investors or operators seeking a managed multifamily asset, Broadway Apartments presents a straightforward platform with current stability and a clear path for hands-on asset management. The property’s described approach centers on targeted interior and common-area improvements to align rents and finishes over time, supporting continued competitiveness for tenants in Mount Pleasant’s rental market.
Key Highlights
- 15‑unit multifamily apartment building built in 1950 (Broadway Apartments).
- Located along East Broadway in Mount Pleasant, with convenient access to US Highway 127.
- Proximity to Central Michigan University, Soaring Eagle Casino & Resort, and other regional employment and entertainment drivers.
Property Analytics
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Current Use
Lease Details
15
Residential units
Location Intelligence
Trade Area within ½ mile
907
Businesses Nearby
Explore this area
Business Placement
Demographics for 48858, MI
41,844
Population
19,396
Households
2.2
Avg Household Size
30
Median Age
37%
College-Educated
93%
High-School Grad
174.4 sq mi
ZIP Area
240
Density / Sq Mi
$48,794
Median Household Income
$22,775
Median Earnings
$862
Median Rent
$168,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - 15-unit apartment building with established operations and access to CMU, entertainment, and US Highway 127.
Where is this apartment building located?
The property is located at 1019 E Broadway St Mt Pleasant, MI.
What is the asking price?
The asking price for this property is $969,900.
What are key features of this property?
This property features: 15‑unit multifamily apartment building built in 1950 (Broadway Apartments).; Located along East Broadway in Mount Pleasant, with convenient access to US Highway 127.; Proximity to Central Michigan University, Soaring Eagle Casino & Resort, and other regional employment and entertainment drivers.
