2870 US Highway 31 Levering MI, 49755
Price:
$
425,000
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Bd
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69,696
School District:
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Looking for an Income Property or Rental Business Opportunity? The Arbor Apartments on US 31 North in Levering is a 7 unit apartmentbuilding with on site coin-op laundry and is zoned B-1/FF-2. 100% Occupied with leased tenants, 7.5% Cap Rate. Emmet County B-1Zoning offers opportunities from Motel, Cabins, Bed & Breakfast to Retail, Office or Adult Foster Care Home. There may be room for abuyer to explore expanding the number of units. This apartment complex has a solid rental history and excellent visibility on the Northerncorridor of US 31~ Just a few minutes from Pellston Airport, Mackinaw City, trails and lakes. Excellent High Visibility location to buildyour ideas and dreams into reality.