Looking for an Income Property or Rental Business Opportunity? The Arbor Apartments on US 31 North in Levering is a 7 unit apartmentbuilding with on site coin-op laundry and is zoned B-1/FF-2. 100% Occupied with leased tenants, 7.5% Cap Rate. Emmet County B-1Zoning offers opportunities from Motel, Cabins, Bed & Breakfast to Retail, Office or Adult Foster Care Home. There may be room for abuyer to explore expanding the number of units. This apartment complex has a solid rental history and excellent visibility on the Northerncorridor of US 31~ Just a few minutes from Pellston Airport, Mackinaw City, trails and lakes. Excellent High Visibility location to buildyour ideas and dreams into reality.The Adjacent and surrounding parcel is also listed separately with 7 acres & a home~ if
combined, these parcels could take the income variables to an entirely new level!Talk about potential~Yeah, let's talk about it!
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