Currently 95% occupied and generating over $13,000 in monthly rent, providing immediate cash flow and stable tenancy.
Anchored by Diverse Employment Base
Lansing’s stable economy is supported by major employers including Michigan State University, University of Michigan Health-Sparrow, and General Motors — driving consistent rental demand.
Low Operating Complexity
Individually metered utilities and simplified building systems allow for lean management, lower overhead, and scalability for out-of-market or first-time multifamily investors.
Well-Maintained 12-Unit Property
Located along Lansing’s northwest Grand River corridor, Skyline Apartments offers convenient access to major employers, retail, and transportation routes. Originally built in 1965, the property underwent a renovation in 2023, including modernized interiors, updated mechanicals, and refreshed common areas, providing a turnkey investment opportunity.
Desirable Unit Mix
Comprising eleven (11) two-bedroom/one-bath units and one (1) one-bedroom/one-bath unit, the property offers an average unit size of 783 SF—ideal for both single professionals and small families.
The property is located in the city of Lansing, Michigan, which is the capital city of the state and has a diverse economy with a strong presence of government-related jobs.
Lansing is home to Michigan State University, a prominent research institution that brings in a large student population and contributes to the local economy.
The property is situated near major transportation routes, including Interstates 69 and 96, providing easy access for commuters and potential customers.
Nearby amenities include the Lansing Mall, which offers a variety of shopping and dining options for residents and visitors.
The area features a mix of residential neighborhoods, schools, and parks, creating a balanced environment for businesses and residents alike.
