$8,100,000
$8,800,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
612 N Sherman Street Ludington, MI 49431
12.37 Acres Lot
Key Details
Sold Price $8,100,000
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 14001964
Year Built 1994
Annual Tax Amount $80,280
Tax Year 2013
Lot Size 12.370 Acres
Property Description
Sherman Oaks consists of 126 conventional units and 46 independent living units. This pristine community is in excellent shape, has strong historical cash flows, minimal vacancy and the current rents are well below market.
Location
State MI
County Mason
Area Masonoceanamanistee - O
Interior
Heating Forced Air, Natural Gas
Fireplaces Number 7
Exterior
Waterfront No
View Y/N No
Building
Sewer Public Sewer
Structure Type Vinyl Siding
Schools
School District Ludington
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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