Multifamily Investment Opportunity in
315 S Jackson St 315 Hanover, MI 49241
315 S Jackson St 315, Hanover, MI, 49241
$1,500,000
For Sale
$1,500,000
12-unit multifamily property on 13 acres in Hanover, MI.
Lot Size13.00 Acres
Days on Market117
Property Features for 315 S Jackson St 315
General Information
- Standard status
- Active
- Lot size
- 13.00 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1964
Listing Agency
Coldwell Banker Groves Real Estate
(517) 581-8103
Listed by
Crystal Dane
(517) 581-8103
Source
Elliman
Added: Mar 23 Checked: Jul 17 at 2:44 am
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 Coldwell Banker Groves Real Estate
Investment Insights
Based on property information with market context.
This multifamily investment opportunity features 12 income-producing units located on approximately 13 acres in the Village of Hanover. The property consists of five duplex buildings and two single-family homes, offering a diverse unit mix and strong rental demand. Recent improvements to the property help reduce future capital expenses, making it a low-maintenance investment. The property maintains consistently strong occupancy, with all units currently leased, providing stable income and reliable cash flow. In addition to the existing rental income, the property offers future upside potential with the 13 acres of land suitable for development. The Wickman Apartments Portfolio represents an investment opportunity for investors seeking both current cash flow and long-term growth potential. The property consists of 5 parcels: 000-17-28-126-015-01, 000-17-28-126-015-02, 000-17-28-127-003-02, 000-17-28-127-003-01.
Key Highlights
- 12 income‑producing units with 100% occupancy ensuring stable income.
- Approximately 13 acres of land included, offering future development potential.
- Significant recent improvements reduce future capital expenses.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - 12-unit multifamily property on 13 acres in Hanover, MI.
Where is this apartment building located?
The property is located at 315 S Jackson St 315 Hanover, MI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 12 income‑producing units with 100% occupancy ensuring stable income.; Approximately 13 acres of land included, offering future development potential.; Significant recent improvements reduce future capital expenses.
