5723 RICHWOOD ST, Lansing, MI 48911

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Matthew W.

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Building Details:

• Year Built: 1967

5723 RICHWOOD ST is amulti-family property for lease in Lansing, MI.

80 Units on Richwood Street in Lansing. Unitas are currently below market rents and enjoy low vacancy rates.
48 Units feature hot water heat paid by the landlord with 32 units having gas forced air units paid by the tenant.
One of the 80 units is currently used as a managers office for the on site manager and maintenance people.
Assumable Fannie Mae note at 6.57% with 30 years remaining.
Full offering memorandum available on request.

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