920 Grand River Ave Williamston, MI 48895
- Commercial real estate
- 7,004 SF
- 0.33 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 920 Grand River Ave
- Lot size
- 0.33 lot acres
- Property size
- 7,004 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents an 8-unit apartment building ideally situated at 920 W. Grand River Ave in Williamston, Michigan. Boasting a substantial 6,300 square feet of net rentable space within a 7,004 square foot building, this property sits on a 0.33-acre lot and is zoned R-3. Currently enjoying 100% occupancy, this multifamily complex offers a compelling 8.06% cap rate and is priced at $530,000. Located just blocks from downtown Williamston, residents benefit from easy access to a vibrant array of local amenities, including the Williamston Theatre, the Farmers Market, and numerous parks. The property's prime location provides convenient access to major highways, ensuring a smooth commute to nearby cities such as Lansing. This presents a rare chance to acquire a fully leased, high-performing asset in a thriving Michigan community experiencing significant real estate value growth. The property's strong performance and desirable location make it an attractive investment for both seasoned and emerging investors seeking a stable and appreciating asset in a sought-after market. Detailed financial information is available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Williamston
- County
- Ingham
- State
- Michigan
- Longitude
- -84.2967532
- Latitude
- 42.6880479
