33 Park Lane Ave Nw is amulti-family property for lease in Sparta, MI.
For sale two, 4- unit apartment buildings fully leased and producing $59,400 of Gross Income. The property is being offered at an 8.75% cap rate at a $31,500 NOI. The property is set back off of Division Avenue right behind the downtown of Sparta, MI. The buildings are adjacent to William A. Rogers Village Park and offers ample onsite parking. The property has undergone many improvements over the last couple years and is filled with many long-term tenants offering a stable investment opportunity.
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