Avenue Flats
1629 E. Michigan Avenue - Lansing, MI
Avenue Flats - Lansing, MI
13 Apartment Units + Retail
Global Real Estate Advisors are pleased to present the exclusive offering of Avenue Flats in Lansing, MI. This four-story building was originally constructed in 2012. Avenue Flats consists of 13 apartments units featuring 4 studio units, 7 one-bedroom units and 2 two-bedroom units totaling 8,422 square feet. The property features tenant paid electricity, with the landlord paying for water & sewer. The current owner has implemented a utility reimbursement program for water which will allow a new owner to continue to increase revenue as the program is rolled out across all leases. The property also includes 2 retail units totaling 3,274 square feet, both currently leased. The Avenue Flats is close to the Michigan State University Campus, the Michigan Capital building, plenty of restaurants, grocery stores, childcare and other businesses in Lansing.
Available individually or as part of the Michigan Avenue Portfolio with two nearby buildings - Click to view more information on the portfolio opportunity.
