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Multifamily

Victoria Arms Townhouses

1925 W Holmes Rd, Lansing, MI 48910

Listing Price: $4,900,000

Cap Rate
6.60%
Number of Units
30
Price/Unit
$163,333
Price/Gross SF
$36.25
Gross SF
135,175

Investment Overview

Marcus & Millichap is pleased to present the exclusive offering of Victoria Arms Townhouses in Lansing, Michigan. This new construction, 30-unit apartment community sits in an outstanding location off W Holmes Rd, just six miles from Michigan State University and four miles from Downtown Lansing. This asset boasts an attractive 1,150 square foot, two-bedroom / two-bathroom unit layout which includes a fully finished basement, all new appliances and a washer/dryer in every unit! Victoria Arms Townhouses is outfitted with tenant-paid utilities.

Investment Highlights

  • Tenants Pay ALL Utilities
  • ALL UNITS Have Finished Basements, Allowing an Additional 573 Square Feet of Living Space in Each Unit
  • 2021 Construction; Six Miles From East Lansing & Michigan State University
  • Under Four miles From Downtown Lansing
  • Washer / Dryer / Dishwasher In Every Unit!

Exclusively Listed By

Multifamily

Victoria Arms Townhouses

Listing Price: $4,900,000

Cap Rate
6.60%
Number of Units
30
Price/Unit
$163,333
Price/Gross SF
$36.25
Gross SF
135,175

Investment Highlights

  • Tenants Pay ALL Utilities
  • ALL UNITS Have Finished Basements, Allowing an Additional 573 Square Feet of Living Space in Each Unit
  • 2021 Construction; Six Miles From East Lansing & Michigan State University
  • Under Four miles From Downtown Lansing
  • Washer / Dryer / Dishwasher In Every Unit!

Investment Overview

Marcus & Millichap is pleased to present the exclusive offering of Victoria Arms Townhouses in Lansing, Michigan. This new construction, 30-unit apartment community sits in an outstanding location off W Holmes Rd, just six miles from Michigan State University and four miles from Downtown Lansing. This asset boasts an attractive 1,150 square foot, two-bedroom / two-bathroom unit layout which includes a fully finished basement, all new appliances and a washer/dryer in every unit! Victoria Arms Townhouses is outfitted with tenant-paid utilities.

Exclusively Listed By

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