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Property profile & analytics
OFF-MARKET
Residential income homes

1255 Georgia Ave Marysville, MI 48040

38,700 SF
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 36-unit multifamily portfolio located at 1255 Georgia Avenue in Marysville, Michigan, 48040. The property encompasses 38,700 square feet and boasts a remarkable 100% occupancy rate, generating a substantial net operating income (NOI) of $326,629. This translates to a compelling 5.83% capitalization rate and a price per square foot of $144.70. The asking price for this well-maintained property is $5,600,000. Situated in the desirable Marysville area, this portfolio benefits from consistently high rental demand and a thriving tenant community, ensuring a stable and potentially lucrative investment. An assumable non-recourse loan is available with favorable terms at 4.11% interest until November 2031 (subject to terms outlined in the provided term sheet). The property's strong rental income history and current high occupancy, including a waiting list, underscore its exceptional investment potential. This portfolio represents a rare opportunity to acquire a stable, high-performing multifamily asset in a prime location. The property's size, occupancy rate, and strong financial performance make it an attractive prospect for investors seeking a reliable and growing income stream. Further details regarding the loan terms and property financials are available upon request.

Property profile
Verified
Property type Residential income homes
Total area 38,700 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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