Investment Real Estate Auction: USDA Apartment Complex, 32 Units, Government Owned

80521 Henderson St., Memphis, MI 48041



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

Auction Location: Online bidding


Property Address: 80521 Henderson St., Memphis, MI 48041

Real Estate Highlights:


32 Units, 16 – 1 Bedroom units and 16 – 2 Bedroom units.

This complex has two – 16 unit 2 story buildings with 8 – 1 bedroom and 8 – bedroom in each building. A common corridor and was built in 1987. Heat is provided to all units via a hot water system. Buildings are built on concrete slab foundations with wood frames, vinyl siding and asphalt roofs.

  • 3.46 Acres

  • Zoning – RM, Residential Multiple District

  • Parking Spaces – 56

  • 2 Buildings

  • Total Rental Apartment Units – 32

  • Gross Living Area – 22,848

  • Flood Zone “X”

  • Unit Styling – Flats

  • Concrete Slab

  • Pitched asphalt shingle roof over wood deck and trusses

  • Double-pane aluminum windows

  • Baseboard heating system

  • Central Laundry

  • Includes Balcony/Patio areas

  • Gas Heat and Water

  • Electric cooking appliances


Property Inspection: By Appointment

Contact: Jim VanderVeen




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