Prynne 5-Plex

Prynne 5-Plex
Available | $450,000

Keego Harbor, MI | Units: 5 | Price Per Unit: $90,000 | Avg Sq Ft: 620 | GRM: 8.63 | DSC: 1.21 | Cash Flow: 5,522.00 | Year 1 ROI: 4.09% | Listing Agent: Jason Gardner

Location

Executive Summary

The Prynne 5-Plex has 5 spacious units. 4 one-bedroom / one-bath units and 1 two-bedroom / one-bath unit, measuring 600 and 700 square feet, respectively. It was built in 1946 and has been well maintained over the years. Currently the Prynne 5-Plex is operating at 100% physical occupancy and has maintained this level of performance for many years, requiring only minimal management oversight from ownership.