Hazelton Apartments

Hazelton Apartments
Under Contract | $925,000

Flushing, MI | Units: 11 | Price Per Unit: $84,091 | Avg Sq Ft: 678 | GRM: 6.81 | DSC: 1.41 | Cash Flow: 19,812.00 | Year 1 ROI: 6.12% | Listing Agent: Caleb Smith

Location

Executive Summary

Hazelton Apartments has 11 units; 4 one-bedroom and one-bath units, and 7 two-bed and one-bath units. These unit types measure 597 and 724 square feet, respectively. Currently Hazelton is operating at 100% physical occupancy and has maintained this level of performance for many years, requiring only minimal management oversight from ownership.