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Key Details
Sold Price $8,100,000
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Municipality Ludington
MLS Listing ID 14001964
Sold Date 05/27/14
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1994
Annual Tax Amount $80,280
Tax Year 2013
Lot Size 12.370 Acres
Acres 12.37
Lot Dimensions 424 x 800
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
Direction Located on Sherman Street - between Mitchell & Johnson
Rooms
Basement Slab
Interior
Heating Forced Air, Natural Gas
Fireplaces Number 7
Exterior
Waterfront No
View Y/N No
Total Parking Spaces 1
Building
Sewer Public Sewer
Structure Type Vinyl Siding
Schools
School District Ludington
Others
Tax ID 5305126802820
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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