1825 E Eighth Active

Traverse City,MI 49686

$ 3125000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality Traverse City

Subdivision Traverse City

MLS Listing ID 80051890

Originating Board MiRealSource

Year Built 2023

Lot Size 1.220 Acres

Acres 1.22

Lot Dimensions Condo

Property Description

11 Units that are short term rentable. Building has the one and only full rooftop common area with 4 hot tubs, turf area for outdoor games and partially covered as well. The building features a dog run and close proximity to both local and national chain food and coffee. Right around the corner is a grocery store for easy check ins. Guests on Airbnb have loved this building and the reviews on the already owned units speak highly of the rooftop and design. Listing price represents a fantastic group pricing discount, leaving investors with the upside of instant equity along with cash flow from the units. These units will come furnished with all appliances in place. Furnishings are included in the list price. This will allow investors the opportunity to instantly begin renting. If this is a 3

Location

State MI

County Grand Traverse County

Interior

Heating Forced Air

Cooling Central Air

Exterior

View Y/N No

Building

Structure Type Other

Others

Acceptable Financing Cash

Listing Terms Cash

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