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Property profile & analytics
OFF-MARKET
Residential income homes

1305 Lakeview Ave Battle Creek, MI 49015

Property ID
US43-4912686
Property summary
AI-generated overview

This exceptional multifamily investment opportunity in Battle Creek, Michigan, presents a portfolio of seven buildings comprising a total of 28 rental units. Located across multiple parcels (APN: 52-3700-07-812-0, 52-3700-07-810-0, 52-3700-07-813-0, 52-6990-14-012-0, 52-6990-14-062-0, 52-9940-32-003-0, 52-9940-32-004-0), this package deal must be purchased as a whole. The properties boast a substantial annual gross income of $237,600. Specific addresses include 1305 Lake View Ave, 1309 Lake View Ave, 1302 Lake View Ave, 125 S. 22nd St, 3 S. 25th St, and 7 S. 25th St, all situated in the 49015 zip code of Calhoun County. Please note that due to tenant occupancy, showings are strictly limited to those with an accepted offer or letter of intent. Financial documentation such as a profit and loss statement, trailing twelve months' performance, and rent roll are not currently available. This presents a unique opportunity for an investor seeking a substantial multifamily portfolio in a desirable location. The asking price for this entire portfolio is $2,500,000.

Property profile
Verified
Property type Residential income homes
APN 52-3700-07-812-0, 52-3700-07-810-0, 52-3700-07-813-0, 52-6990-14-012-0, 52-6990-14-062-0, 52-9940-32-003-0, 52-9940-32-004-0
UPID US43-4912686
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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