Condominium Multifamily
For Sale
Contact for pricing
100 4th Ave, Tawas City, MI 48763
Built in 1977, this 17-unit condominium property offers 1- and 2-bedroom units with individual water heaters and furnaces.
Property SizeContact for details
Days on Market121
Property Features for 100 4th Ave
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
17
Building Details
Year Built
1977
Listing Agency:
Legacy Commercial Group
(517) 282-2861
Listed By:
Logan McAnallen, CCIM · License #MI 6501384328
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 12:40PM
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 Legacy Commercial Group
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.
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
Property Analytics
Current Use
Lease Details
17
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
209
Businesses Nearby
Explore this area
Business Placement
Demographics for 48763, MI
4,949
Population
3,007
Households
1.6
Avg Household Size
53
Median Age
22%
College-Educated
90%
High-School Grad
88.9 sq mi
ZIP Area
56
Density / Sq Mi
$58,160
Median Household Income
$38,624
Median Earnings
$851
Median Rent
$154,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
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
