1525 Bacon Avenue Portage MI 49002
1525-1605 Bacon Ave, Portage, MI 49002

Overview
MOXIE Real Estate + Development is pleased to exclusively offer Lakewood Apartments for sale. This well-maintained property boasts an attractive unit mix with the majority of units already renovated, offering a blend of stability and potential for continued growth. With substantial capital improvements, the property is primed for long-term success. Key features include: renovated Units, additional revenue stream by implementing RUBS/utility bill back program and renting storage the lockers. Rents are well below market. With almost 10 acers, there is a future development opportunity, with a possibility of incentives for future expansion. Lakewood Apartments represents a solid investment opportunity with significant upside potential. For more information, please contact MOXIE.
For Sale
Secondary Uses: Low Rise
- Sale Price
- $4,575,000
- Price Per SF
- $464.9K/SF
- Building Size
- 9.84 SF
- Acres
- 9.847 ac
- Zoning
- RM-1
- Building Class
- B
- Number of Buildings
- 3
- Floors
- 2
- Year Built
- 1978
- Year Renovated
- 2019
- Construction Siding
- Brick
- Construction Type
- Framed
- Property Status
- Existing
- Total Units
- 48
- County
- Kalamazoo
- Created
- 03/31/2025
- Updated
- 12/01/2025
- Listing ID
- ca535ceb
- Parcel APN
- 00027197O
Contact Brokers
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