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RIVERBEND APARTMENTS Listing Details & Market Data

29 North Drive, Union City, MI 49094

  • For Sale $1,675,000
  • Property Type Multi-Family
  • Property Size 21,344 SF
  • Lot Size 2.02 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1970
  • Year Renovated 2021
  • Date Updated Sep 22, 2022
Located in Branch County close to restaurants and downtown. This property is only a short drive from Coldwater, Battle Creek and Marshall.
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Location

  • Walk Score ® Car-Dependent (19)
  • Bike Score ® Somewhat Bikeable (26)
Powered by Walk Score ®
  • City Union City, MI
  • Neighborhood Union City
  • Zip Code 49094

Points of Interest

Shell

0.89 miles

Citgo

0.92 miles

Marathon

4.54 miles

Shell

4.79 miles

Marathon

4.81 miles

Carmickle's Aktive Propane

7.88 miles

BP

8.37 miles

Citgo

8.41 miles

Shell

8.51 miles

Marathon

9.00 miles

Lodge Parking Lot

2.85 miles

Subway

0.92 miles

McDonald's

8.42 miles

Subway

8.50 miles

Union City Middle School

0.58 miles

Van Shoick School

2.64 miles

Smith School

3.69 miles

Laurel Grove School

5.66 miles

Blossom School

7.42 miles

Harvey School

7.73 miles

Factoryville School

8.35 miles

Union School

9.27 miles

Lynn School

9.40 miles

Burrell School

9.76 miles

Contacts

broker

Neil Sherman, CCIM

Insignia CRE

(602) 566-7210

Highlights

  • Price/SF: $78.48
  • Cap Rate: 8.0%
  • Building Area: 21,344 SF / Land Area: 2.02 Acres
  • Garden Style 2-Story Apartment Complex Comprised of 28 Units in 4 Buildings
  • Built in 1970, Ongoing Renovations - 2022
  • Unit Mix Consists of 5 Studios, 6 One-Bedrooms, 11 Two-Bedrooms, 5 Three-Bedrooms and 1 Four-Bedroom Unit
  • 3-Bedroom Units Have Garages and Washer / Dryer Hookups (Not Currently Being Billed)
  • Cable Ready with High Speed Internet Access
  • On-Site Laundry Facility for Tenants
  • Grounds Feature a Duck Pond, Play Area with Barbecue Grills and Picnic Areas Spread Over 3.75 Acres
  • Additional 3 Parcels (±1.25 Acres) Zoned MF Also Available

Attachments

Contact Listing Broker

broker

Neil Sherman, CCIM

Insignia CRE

(602) 566-7210

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