Technical
Financial
Distress signals
Property profile

909 E Jolly Rd Lansing, MI 48910

FOR SALE
Apartment buildings
Property ID
US43-1264349
Built 1963
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Property summary

AI-generated overview

Introducing an investment opportunity in the heart of Lansing. Built in 1963, Atlantic Flatz boasts an 11,215 SF building with 16 fully-occupied units, making it a great choice for investors. With a strong rental history and income potential, it offers an excellent opportunity to expand your investment portfolio. Don't miss the chance to own this mutifamily property in a sought-after location. 11,215 SF building with 16 units Fully occupied with 100% occupancy Ideal for Multifamily / Low-Rise/Garden investors Established property built in 1963 Prime location in Lansing area Excellent investment opportunity Attractive unit layout and design Strong rental history and income potential

Property profile

Verified
Property type Apartment buildings
Year built 1963
UPID US43-1264349

Cap rate & NOI

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

Location

909 E Jolly Rd Lansing, MI 48910
Lansing metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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?”
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