Investment Real Estate Auction: USDA Apartment Complex, 48 Units, Government Owned

906 N. Washington Ave., Ludington, MI 49431



Auction Date: Thursday, March 20th, 2014 at 10:00 am CST (Updated 2/19/14)

Auction Location: Online bidding


Property Address: 906 N. Washington Ave., Ludington, MI 49431

Real Estate Highlights:


48 Units, 32 – 1 Bedroom units, 16 – 2 Bedroom units

This complex has three – 2 story buildings that contain 32 – 1 Bedroom units and 16 – 2 Bedroom units. Gross building area of 43,008 sq ft and a net rentable area of 32,000 sf ft. The property was built in 1986.

  • 5.351 Acres

  • R2A Zoning: General Single Family Residential District

  • 257 ‘ of road frontage along Washing Ave.

  • 48 multi-family units in 3 – 2 story buildings

  • Gross building area 43,008 sq ft

  • Rentable area 32,000 sq ft

  • Gable design roof with wood trusses with wood sheeting and composition shingle covering

  • Thermo-pane windows in aluminum frames

  • Wood cabinets, electric ranges, refrigerator, garbage disposals and vent fans

  • Incandescent lighting

  • Heat is provided by baseboard radiant units

  • 94 open parking spaces


Property Inspection: By Appointment

Contact: Jim VanderVeen




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