White Cloud MI Multi Family for Sale
$2,720,000
Address not provided White Cloud, MI 49349
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 3.12 Acres
- Year built:
- 1980
- Baths:
- MLS#:
- 70436879
ADDITIONAL INFORMATION
32 unit apartment building in a growing submarket, with an attractive unit mix. There is coin-operated laundry and storage units, in each building. The electrical and gas are individually metered. Rents are below market. Value add opportunity to increase rents to market as leases expire. This could be a great opportunity for your next cost segregation study or 1031 exchange. Many capital improvements have been completed, some renovations completed are: common area updates, roof and gutters, exterior doors, appliances, unit renovations, parking lot repairs and much more.
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White Cloud Real Estate
The median home value in White Cloud, MI is $175,000. This is lower than the county median home value of $185,100. The national median home value is $338,100. The average price of homes sold in White Cloud, MI is $175,000. Approximately 46.42% of White Cloud homes are owned, compared to 34.06% rented, while 19.52% are vacant. White Cloud real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a White Cloud real estate agent to arrange a tour today!
White Cloud, Michigan has a population of 1,200. White Cloud is less family-centric than the surrounding county with 19.54% of the households containing married families with children. The county average for households married with children is 26.72%.
The median household income in White Cloud, Michigan is $35,446. The median household income for the surrounding county is $54,235 compared to the national median of $69,021. The median age of people living in White Cloud is 39.6 years.
White Cloud Weather
The average high temperature in July is 80.9 degrees, with an average low temperature in January of 13.3 degrees. The average rainfall is approximately 36.1 inches per year, with 66.1 inches of snow per year.