Kiwanian Senior Community

Sold | $4,150,000

Lincoln Park, MI | Units: 70 | Price Per Unit: $59,286 | Avg Sq Ft: 500 | GRM: 6.15 | DSC: 1.72 | Year 1 ROI: 10.73% | Listing Agent: Greg Coulter

Location

Executive Summary

This senior 55+ community boasts 70 spacious one-bath apartment homes, each measuring 500 square feet. Kiwanian Senior Community was built in 1974 and has been well maintained over the years with mature trees and landscaping.