Property Type:
Multi Family
Status:
Sold
Current Price:
$2,200,000
List Date:
1/08/2018
Last Modified:
10/07/2021
2320 30th Street SW 2361, Wyoming, MI 49519
$2,070,000
Overview
Description
Executive Estates Apartments is an apartment community built in 1971, 40 units - 4 Garden-Style buildings. 2 Buildings have 12 units each on one parcel, the other 2 buildings have 8 units each on their own parcel. This property has had extensive updates done to most of the units bringing the rent up from an average of $550/month to an average of $685/month. The last unit rented for $800/month. This is a turn-key investment. The current management company has a manager and a maintenance person on-site. Arrangements can be made to keep the management company in place and operate the property. Looking for a larger property to add to your portfolio? No problem. The sellers will work with investors looking to do a 1031 exchange.
Listing Details MLS# 18000698
Location Property Info
- County
- Kent
- Street #
- 2320
- Street Name
- 30th
- Suffix
- Street
- Post Direction
- SW
- State
- MI
- Zip Code
- 49519
General Property Info
- Lot Measurement
- Acres
- Lot Dimensions
- NA
- Year Built
- 1971
- New Construction
- No
- Cert of Compliance
- No
- Total # Units
- 40
- # of Diff Unit Floor Plans
- Yes
- Total # Bldgs
- 4
- Total Parking Spaces
- 80
- Waterfront
- No
- School District
- Wyoming
- Road Frontage
- 0
- Basement
- No
Tax Info
- Tax ID #
- 41-17-15-103-023 /026 /027
- Taxable Value
- 694493
- SEV
- 808300
- For Tax Year
- 2017
- Seller's Annual Property Tax
- 40700
- Tax Year
- 2017
- Spec Assessment & Ty
- N/A
- Zoning
- NA
- Homestead %
- 0
Remarks Misc
- Directions
- S of 28th st, E of Byron Center
Status Change Info
- Under Contract Date
- 2018-01-23
- Sold Date
- 2018-09-18
More Information
Access Feat
- Accessibility Features
- No
Unit 1
- Unit #
- 40
- Unit Description
- 2 bedroom
- Identical Units
- 40
- SqFt
- 792
- Occupied
- Yes
- Monthly Rent
- 705
- Bathrooms
- Yes
- Range Oven
- Yes
- Refrigerator
- Yes
Location & Property Info
- Unit #
- 2361
- Cross Streets
- Byron Center Ave SW
- Property Sub-Type
- 5+ Units
- Area
- Grand Rapids - G
- Municipality
- City of Wyoming
Office/Contract Info
- Auction or For Sale
- For Sale
Remarks & Misc
- Legal
- LOT 4. H AND M PLAT, LOT 3. H AND M PLAT, LOT 6. H AND M PLAT
Street Type
- Paved
- Yes
Util Avail at Street
- Cable Available
- Yes
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
- Public Sewer
- Yes
- Public Water
- Yes
- Storm Sewer
- Yes
Utilities Attached
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Terms Available
- Assumable
- Yes
- Cash
- Yes
- Conventional
- Yes
Exterior Material
- Brick
- Yes
Roofing
- Composition
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Baseboard
- Yes
- Radiant
- Yes
Tenant Pays
- Electric
- Yes
Driveway
- Paved
- Yes
Substructure
- Daylight
- Yes
Extras
- Laundry Facility
- Yes
- Sep Electric Meter
- Yes
Owner Pays
- Gas
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Water
- Yes
Possession
- Subject To Tenant Rights
- Yes
Property Features
Exterior Material:
Brick
Roofing:
Composition
Substructure:
Daylight
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Electricity Connected; Natural Gas Connected
Util Avail at Street:
Cable Available; Electricity Available; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer
Extras:
Laundry Facility; Sep Electric Meter
Owner Pays:
Gas; Sewer; Trash Collection; Water
Tenant Pays:
Electric
Heat Source:
Natural Gas
Heat Type:
Baseboard; Radiant
Driveway:
Paved
Street Type:
Paved
Terms Available:
Assumable; Cash; Conventional
Possession:
Subject To Tenant Rights
Sale Conditions:
None
Unit 1:
Range Oven; Refrigerator
Documents
Expenses ›
Listing Office:
Compass Realty Services
Listing Agent:
Mark Troy
Last Updated: October - 07 - 2021
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
