Property profile

318 Woodworth Ave Alma, MI 48801

FOR SALE
Multifamily properties
Property ID
US43-3508899
Built 1910
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Property summary

AI-generated overview

This multi-family residential property in Alma, Michigan is configured as a 3–4 unit building and is currently gutted, with major demolition work already completed. The structure is set up for renovation and could be laid out to create up to three or four rental units, with the inclusion of off-street parking and outdoor space. The property is located just off the business district in a quiet neighborhood, with proximity to Alma College, downtown amenities, parks, and local schools.

Property profile

Verified
Property type Multifamily properties
Year built 1910
UPID US43-3508899

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice

Location

318 Woodworth Ave Alma, MI 48801
Alma metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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