10 Pack Street, Croswell, MI 48422
Zetabid is pleased to present this 24-unit multi-family low rise apartment building for sealed bid auction. The complex is 16,760 SF and sits on 1.2 acres with sixteen 2 bed / 1 bath units and eight 1 bed / 1 bath units (average unit size of 758 SF). Recent 20-year HUD agreement signed guaranteeing all rents along with tenant utility allowances. The roof was replaced in 2008, 75% of parking lot will be replaced by seller prior to closing and the complex is 96% occupied. Please visit our Due Diligence Vault for 3-year history & YTD P/L, current rent roll, HUD Agreement, surveys and the Zetabid website for details.