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Property profile & analytics
OFF-MARKET
Commercial real estate

920 Grand River Ave Williamston, MI 48895

7,004 SF 0.33 ac lot
Property ID
US43-1585523
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Total area 7,004 SF
Lot 0.33 ac (14,375 SF)
UPID US43-1585523
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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