EXCLUSIVE MULTIFAMILY OFFERINGEXCLUSIVE OFFICE OFFERING

OFFERING SUMMARYPrice $514,900Down Payment All CashRentable SF 7,056Year Built 2008Lot Size 1.52 acre(s)Price/SF $72.97

3902 STONEGATE PARKSAINT JOSEPH, MI 49085

§ Priced at Just $514,900.00, or Roughly $73 per Square Foot.

§ Close Proximity to Major Medical Campus, Lakeland Medical

§ Multiple HVAC Zones.

INVESTMENT HIGHLIGHTS

PROPERTY INVESTMENT SUMMARY

CURRENT PRO FORMA

CAP Rate 17.81% 17.81%Net Operating Income $91,729 $91,729Net Cash Flow After Debt Service $91,729 $91,729Total Return 17.81% / $91,729 17.81% / $91,729

EXCLUSIVELY LISTED BY:

Michael CagenFirst Vice President InvestmentsTel: (616) 291-6222License: MI 6502343122michael.cagen@marcusmillichap.comwww.marcusmillichap.com/MichaelCagen

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. All rights reserved. (Activity ID: ZAA0290095 Property ID: 4927823)

EXCLUSIVE MULTIFAMILY OFFERINGEXCLUSIVE OFFICE OFFERING

101 West Elm Street, Suite 600, Conshocken, PA 19428 | Tel (215) 531-7000 Fax: (215) 531-7010

3902 STONEGATE PARKSAINT JOSEPH, MI 49085

EXPENSES

Real Estate Taxes $28,459 $4.03 $28,459 $4.03

Total Expenses $28,459 $4.03 $28,459 $4.03

NET OPERATING INCOME

Net Operating Income $91,729 $13.00 $91,729 $13.00

REVENUE

CURRENT $/SF PRO FORMA $/SF

Scheduled Base Rent $91,728 $13.00 $91,728 $13.00

Expense Reimbursement Income $28,460 $4.03 $28,460 $4.03

Potential Gross Revenue $120,188 $17.03 $120,188 $17.03

Effective Gross Income $120,188 $17.03 $120,188 $17.03

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. All rights reserved. (Activity ID: ZAA0290095 Property ID: 4927823)