Well managed and fully occupied cash flowing opportunity in the quiet village of Hanover. This apartment complex is in excellent condition and has had major cap x done in the past 4 years including roof replacements and upgrades to well and septic and water filtration systems. Tenants are all current and every unit is in great condition. Professional property management has maintained and addressed issues as they arise- no deferred maintenance here! Vinyl sided, newer windows and new and well maintained mechanicals make this property ideal for an investor who truly wants to be hands off with a property that doesn't require municipal inspections. Separate mechanicals and utilities. SOLD AS IS Actuals are available. Land Contract terms offered at higher price see agent notes BATVAI
Hanover is located in Michigan. Hanover, Michigan has a population of 408. Hanover is less family-centric than the surrounding county with 16.52% of the households containing married families with children. The county average for households married with children is 23.79%.
The median household income in Hanover, Michigan is $57,708. The median household income for the surrounding county is $57,746 compared to the national median of $69,021. The median age of people living in Hanover is 36.7 years.
The average high temperature in July is 81.8 degrees, with an average low temperature in January of 15.8 degrees. The average rainfall is approximately 35.6 inches per year, with 41.6 inches of snow per year.
