Property Type:
Multi Family
Lot Size (sq. ft.):
333,234
Status:
Sold
Current Price:
$2,100,000
List Date:
8/05/2025
Last Modified:
9/22/2025
1826/1818 Sunnyside Drive, Kalamazoo, MI 49048
$2,150,000
Description
Exceptional 40-unit apartment complex spanning 5 well-maintained buildings on 7.65 acres, offering both strong current income and future growth potential. All units are spacious 2-bed/1-bath with many updates, new windows, and steady occupancy. Annual gross rents approach $400,000, and the recent appraisal of $2,480,000 underscores the value at this price. Amenities include coin-operated laundry, tenant storage in the basement, and an on-site office. Ample land provides an opportunity for expansion or additional units, making this a prime value-add investment with immediate income and long-term upside.
More Information MLS# 25039146
Location & Property Info
Cross Streets: Asbury Ave / Upland Dr
Property Sub-Type: 5+ Units
Municipality: Kalamazoo Twp
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 72.31
General Property Info
New Construction: No
Lot Dimensions: Irregular
Financial Available: Yes
Road Frontage: 307
Cert of Compliance: No
Waterfront: No
Basement: Yes
Total # Units: 40
# of Diff Unit Floor Plans: 1
Total # Bldgs: 5
Total Approx. SqFt All Bldgs: 29040
Total Parking Spaces: 80
School District: Comstock
Lot Measurement: Acres
Lot Square Footage: 333234
Lot Acres: 7.65
Year Built: 1969
Tax Info
Taxable Value: 453442
SEV: 719200
For Tax Year: 2025
Seller's Annual Property Tax: 31663.44
Tax Year: 2024
Homestead %: 0
Spec Assessment & Ty: unk
Zoning: RM-1
Tax ID #: 06-12-330-020/06-12-330-050
Remarks & Misc
Public Remarks: Exceptional 40-unit apartment complex spanning 5 well-maintained buildings on 7.65 acres, offering both strong current income and future growth potential. All units are spacious 2-bed/1-bath with many updates, new windows, and steady occupancy. Annual gross rents approach $400,000, and the recent appraisal of $2,480,000 underscores the value at this price. Amenities include coin-operated laundry, tenant storage in the basement, and an on-site office. Ample land provides an opportunity for expansion or additional units, making this a prime value-add investment with immediate income and long-term upside.
Legal: 1019100 3906 12 330 050 G12-36-1B SEC 12-2-11 S 185 FT OF NE1/4 NE1/4 SW1/4 SEC 12 EXC S 120 FT OF W 150 FT ALSO EXC N 65 FT OF W 226.25 FT EXC E 33 FT FOR HWY 2.37A and 1019100 3906 12 330 050 G12-36-1B SEC 12-2-11 S 185 FT OF NE1/4 NE1/4 SW1/4 SEC 12 EXC S 120 FT OF W 150 FT ALSO EXC N 65 FT OF W 226.25 FT EXC E 33 FT FOR HWY 2.37A
Status Change Info
Sold Price/SqFt: 74.04
Under Contract Date: 2025-08-05
Sold Date: 2025-09-18
Sold Price: $2,150,000
Income and Expenses
Annual Insurance: 29153
Annual Mgmt. Fees: 12224
Annual Utilities: 32036
Gross Op. Inc.: 375000
Street Type
Paved: 1
Public: 1
Util Avail at Street
Electricity Available: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Laundry Features
Common Area: 1
In Basement: 1
Laundry Room: 1
Exterior Material
Brick: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Hot Water: 1
Air Conditioning
Window Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Driveway
Asphalt: 1
Substructure
Crawl Space: 1
Full: 1
Extras
Carports: 1
Sep Electric Meter: 1
Tenant Storage: 1
Owner Pays
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit Description: 1
SqFt: 850
Occupied: Yes
Monthly Rent: 800
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Carport: 1
Deck/Patio: 1
Dishwasher: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit Description: 2
SqFt: 850
Occupied: Yes
Monthly Rent: 800
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Deck/Patio: 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
Unit 3
Unit Description: 3
SqFt: 850
Occupied: Yes
Monthly Rent: 1000
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
A/C Unit: 1
Deck/Patio: 1
Dishwasher: 1
Refrigerator: 1
Unit 4
Unit Description: 4
SqFt: 850
Occupied: Yes
Monthly Rent: 775
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Deck/Patio: 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
Unit 5
Unit Description: 5
SqFt: 850
Occupied: Yes
Monthly Rent: 800
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Deck/Patio: 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
Unit 6
Unit Description: 6
SqFt: 850
Occupied: Yes
Monthly Rent: 825
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Deck/Patio: 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
Unit 7
Unit Description: 7
SqFt: 850
Occupied: Yes
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Deck/Patio: 1
Dishwasher: 1
Refrigerator: 1
Monthly Rent: 800
Range/Oven: 1
Unit 8
Unit Description: 8
SqFt: 850
Occupied: Yes
Monthly Rent: 800
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Deck/Patio: 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
Unit 9
Unit Description: 9
SqFt: 850
Occupied: Yes
Monthly Rent: 850
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Deck/Patio: 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
Unit 10
Unit Description: 10
SqFt: 850
Occupied: Yes
Monthly Rent: 825
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Deck/Patio: 1
A/C Unit: 1
Dishwasher: 1
Range/Oven: 1
Refriderator: 1
Unit 11
Unit Description: 11
SqFt: 850
Occupied: Yes
Monthly Rent: 800
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Deck/Patio: 1
Dishwasher: 1
Range/Oven: 1
Refriderator: 1
Unit 12
Unit Description: 12
SqFt: 850
Occupied: Yes
Monthly Rent: 825
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Deck/Patio: 1
Dishwasher: 1
Range/Oven: 1
Refriderator: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Kalamazoo
Street #: 1826/1818
Street Name: Sunnyside
Suffix: Drive
State: MI
Zip Code: 49048
Area: Greater Kalamazoo - K
OfficeContract Info
Status: Sold
Current Price: $2,150,000
List Price: $2,100,000
Listing Date: 2025-08-05
Remarks Misc
Directions: On Sunnyside Dr, South of Asbury Ave and North of Gertrude St, on East side of street, 5 buildings total
Property Features
Laundry Features: Common Area; In Basement; Laundry Room
Exterior Material: Brick
Roofing: Composition
Substructure: Crawl Space; Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street: Electricity Available; Natural Gas Available; Public Sewer; Public Water
Extras: Carports; Sep Electric Meter; Tenant Storage
Owner Pays: Gas; Sewer; Trash Collection; Water
Tenant Pays: Electric
Heat Source: Natural Gas
Heat Type: Hot Water
Air Conditioning: Window Unit(s)
Driveway: Asphalt
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Subject To Tenant Rights
Sale Conditions: None
Unit 1: A/C Unit; Carport; Deck/Patio; Dishwasher; Range Oven; Refrigerator
Unit 2: A/C Unit; Deck/Patio; Dishwasher; Range/Oven; Refrigerator
Unit 3: Range/Oven; A/C Unit; Deck/Patio; Dishwasher; Refrigerator
Unit 4: A/C Unit; Deck/Patio; Dishwasher; Range/Oven; Refrigerator
Unit 5: A/C Unit; Deck/Patio; Dishwasher; Range/Oven; Refrigerator
Unit 6: A/C Unit; Deck/Patio; Dishwasher; Range/Oven; Refrigerator
Unit 7: Deck/Patio; Dishwasher; Refrigerator; Range/Oven
Unit 8: A/C Unit; Deck/Patio; Dishwasher; Range/Oven; Refrigerator
Unit 9: A/C Unit; Deck/Patio; Dishwasher; Range/Oven; Refrigerator
Unit 10: Deck/Patio; A/C Unit; Dishwasher; Range/Oven; Refriderator
Unit 11: A/C Unit; Deck/Patio; Dishwasher; Range/Oven; Refriderator
Unit 12: A/C Unit; Deck/Patio; Dishwasher; Range/Oven; Refriderator
Listing Office:
Keller Williams GR East
Listing Agent:
Lucas Howard
Last Updated: September - 22 - 2025
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