1016 E GREENLAWN AVE Lansing MI 48910-3667

Global Real Estate Advisors are pleased to present the exclusive offering of Greenlawn Apartments. Greenlawn Apartments is a well maintained, 12-unit apartment community located between central Lansing and east Lansing. Greenlawn Apartments is comprised of 1 one-bedroom unit that is 665 SF, and 11 two-bedroom units that are 865 SF. This well-maintained asset sits quietly next to a church and a well-maintained neighborhood. This property is outfitted with boiler heat (landlord responsible) and individual electric wall air conditioners (tenant responsible). Greenlawn Apartment residents enjoy unique amenities such as having large porches, carports, and having easy freeway access.

This offering not only presents an investor with the opportunity to acquire a near turn-key cash flowing asset, but it also provides investors with incredible upside potential. Current ownership is only charging $0.78 Per SF for monthly rent, while surrounding market competitors are all getting closer to $0.96-$1.09 Per SF. Current ownership is also not charging any additional rent for the on-sight carports, which generally can generate an additional $25-$50 per carport, per month in rental income. Please contact Global Real Estate Advisors today before this value-add asset is gone.

Visit the Greenlawn Listing Page at GREA.com for more information and full offering memorandum: https://grea.com/properties/greenlawn-apartments/

— Individual Decks on Select Units

— Sliding Glass Doors in Select Units

— Select Units Have Received Updates

— Carports and Surface Parking Available

— Coin Laundry

— Close Proximity to Highways, McLaren Hospital, and Michigan State University