Monroe Portfolio – INCOME PROPERTY ORGANIZATION

Monroe Portfolio

Available | $4,900,000

620 John Anderson Ct, Monroe, MI 48612, and
423 Washington St, Monroe, MI 48161
Property Type: Multifamily
Number of Units: 74
Price Per Unit: $66,216
Average Square Feet: 782

Listing Agent: Greg Coulter

Location

EXECUTIVE SUMMARY:

The Monroe Portfolio contains two properties; Appleton Ridge, built in 1969, is comprised of 2 one-bedroom/one-bathroom apartments homes at 700 square feet, and 54 two-bedroom/one & one-half-bathroom apartments homes 850 square feet. 423 Washington Street, built in 1929, is comprised of 2 studio apartment homes at 418 square feet, and 16 one-bedroom/one-bathroom apartments homes at 606 square feet. Both properties have been well-maintained over the years. Monroe Portfolio is operating at 100% physical occupancy and has maintained this level of performance for many years.

MEET OUR TEAM

Founder | Managing Member, Michigan | Sales Associate, Kentucky

Associate Broker, Michigan | Broker, Illinois

A.J. Beachum, J.D.

Associate Broker, Michigan | Broker, Ohio

Associate Broker, Michigan | Managing Broker, Indiana

Sales Associate, Michigan, Ohio, & Kentucky

Sales Associate, Michigan

Paul McHugh, J.D.

Managing Broker, Kentucky | Associate Broker, Ohio | Sales Associate Michigan

Associate Broker, Michigan | Executive Assistant

Broker, Indiana | Sales Associate, Michigan & Ohio

Sales Associate, Michigan & Ohio