4601 S Martin Luther King Jr Blvd., Lansing, MI 48910 (ASKING $294,380)

**CASH DEAL**

- 8 Units, 2/1's, 780+ Square feet per unit.

- Fully occupied at $550/mo.

- Room to increase rents to $650 with minor cosmetic renovations. Local comparable rents $650-$800. 

- Priced at even 10 CAP, asking $294,380. ARV after increases $343,200 at 10 CAP.

- Current NOI 55%.

- New roof & driveway.

**This apartment building is fully occupied, please don't disturb tenants**