
Saginaw Rental Portfolio
Multifamily | 10.43% CAP | 71 Units
Marketing description
The Saginaw Rental Portfolio is a 71-unit multifamily investment opportunity located in Saginaw, Michigan. This stabilized portfolio offers strong cash flow with a 10.43% cap rate and 93% occupancy after vacancy adjustment. The portfolio generates $665,280 in annual rent with a Net Operating Income of $407,294. This investment provides a scalable 71-unit portfolio with value-add potential through rent optimization. With total expenses including 7.5% management at $211,416, the property delivers an effective gross income of $618,710 at 7% vacancy. The portfolio is positioned in Michigan's Great Lakes Bay Region with access to major employment hubs and healthcare/education anchors. The portfolio includes a mix of single-family homes and small multifamily buildings throughout Saginaw, offering diversification across multiple properties and tenant base. Strong cash-on-cash return potential with 18.94% return based on 75% LTV financing at 6.5% interest over 30 years. Asking price of $3,905,000 represents an attractive entry point for cash flow investors.
Investment highlights
- Strong cash flow with 10%+ cap rate
- Stabilized asset with consistent occupancy
- Scalable 71-unit portfolio
- Value-add potential through rent optimization
- Higher cap rates compared to major U.S. markets
- Strong cash-on-cash return potential
- Yield-focused investment environment
- Lower acquisition costs drive higher returns
- Ideal for cash flow investors
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