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For Sale

Corning Apartments

230 North Corning Street,
Farwell, MI 48622

Asset Snapshot

1984
Year Built
2026
Year Renovated
2
Floor Count
16 Units
Unit Count
0 SF
Average Unit Size
11,120 SF
Property Size

Offering Summary

Investment Overview

230 & 260 North Corning Street is a multi-family investment. The property offers 16 apartments tailored for long-term tenancy and comfortable living. Durable exterior materials and purposeful common areas support efficient property management while preserving tenant satisfaction. The floor plan balances private residence spaces with practical circulation patterns, enabling straightforward leasing and maintenance operations. Recent interior updates to several units enhance the overall resident experience while remaining budget-friendly for ongoing capital planning. This property suits investors seeking stable occupancy in an easy to care-for asset.


Investment Highlights

  • The property is in receivership and will require court approval of the purchase agreement.
  • Multifamily configuration ideal for investor cash flow
  • Well-maintained exterior materials ensure low facade upkeep
  • Purpose-built common areas streamline tenant access
  • Interior finishes recently refreshed in some units
  • Thoughtful floor plan supports efficient leasing cycles
  • Located within a quiet residential pocket of Farwell
  • Easy access to Clare and the freeway system
  • Property delivers room for value-add updates
  • Residential suites tailored for long-term occupancy

How it Works

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Listing Syndicated From

Buildout
For Sale
$975,000
Asking Price