MOXIE Real Estate + Development is pleased to exclusively offer Lakewood Apartments for sale. This well-maintained property boasts an attractive unit mix with the majority of units already renovated, offering a blend of stability and potential for continued growth. With substantial capital improvements, the property is primed for long-term success. Key features include: renovated Units, additional revenue stream by implementing RUBS/utility bill back program and renting storage the lockers. Rents are well below market. With almost 10 acers, there is a future development opportunity, with a possibility of incentives for future expansion. Lakewood Apartments represents a solid investment opportunity with significant upside potential. For more information, please contact MOXIE.
Portage is located in Michigan. Portage, Michigan has a population of 48,767. Portage is more family-centric than the surrounding county with 34.08% of the households containing married families with children. The county average for households married with children is 30.73%.
The median household income in Portage, Michigan is $68,755. The median household income for the surrounding county is $61,739 compared to the national median of $69,021. The median age of people living in Portage is 37 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 17.1 degrees. The average rainfall is approximately 36.2 inches per year, with 47.2 inches of snow per year.
