Contacts
Property Details
- Property Type Other
- Lot Size 26 Acre
- Additional Rent Contact for pricing
- Date Updated Jan 5, 2025
Pine Lake - 113 units + 4 Acres Vacant Land
Centrally located within the growing town of Newaygo, Pine Lake Village is a fantastic value-add opportunity. The new owner can begin charging monthly rent for the 58 garages and implement a RUBs system to bill back gas, water, and trash to residents. The majority of units are 2-bed units or 3-bed townhomes and offer significantly more square footage than competing properties.
- Year Built: 2003
- Occupancy: 99%
- Average In-Place Rent: $1,124
- Average Unit Size: 930 SF
- 48% of units fully remodeled in the past 5 years
Eastfield - 48 Units + 8.8 Acres Vacant Land
The only market-rate apartment community in Grant, Eastfield Village never has a problem staying 100% occupied. The property is adjacent to the Grant Public School system and just a 10-minute drive from Pine Lake Village. New owners will have several opportunities to add value through unit upgrades as well as building additional units.
- Year Built: 2003
- Occupancy: 100%
- Average In-Place Rent: $1,015
- Average Unit Size: 552 SF
- 58% of units fully remodeled in the past 5 year
Reach out to the broker for more info on lease terms and amenities
Getting around
-
43/100
Walk Score ®
-
41/100
Bike Score ®
Location
- City Newaygo, MI
- Zip Code 49337
Points of Interest
-
BP
0.26 miles
-
Wesco
0.39 miles
-
Speedway
0.54 miles
-
Marathon
0.90 miles
-
Snowmobile Staging Area
4.41 miles
-
Coolbough Parking
4.62 miles
-
NCT Trailhead - 40th Street
5.11 miles
-
Newaygo-Whitecloud Carpool Parking
5.34 miles
-
Leppinks Food Centers
0.09 miles
-
Save-A-Lot
0.31 miles
-
North Woods General Store
0.78 miles
-
Gene's Family Market
4.92 miles
-
Bill's Shop N Save
9.07 miles
-
Walmart Supercenter
9.86 miles
-
ALDI
9.99 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
