1130 E Woodward Heights Blvd - Apartments FOR SALE


Hazel Park, MI 48030
$1,715,000 USD
360-989-5395
1130 E Woodward Heights Blvd, Hazel Park, MI for Sale
$1,715,000 USD
Apartments - FOR SALE
1/7
null | 7.5% Cap Rate

1130 E Woodward Heights Blvd
Hazel Park, MI 48030


OVERVIEW

1130 E Woodward Heights is an existing apartment building located in Hazel Park, Michigan. The property consists of 16 units which are fully occupied, grossing nearly $16,000 per month. The units are a mix of one bedroom, one bath (eight units) and two bedroom, one bath (eight units). The building utilizes electric heat and a boiler for hot water. Tenants pay for electric (including heat), which is separately metered, while the landlord covers water and sewer.

FOR SALE DETAILS

PRICE

$1,715,000 USD

PRICE/SF

$40 USD /SF

# OF UNITS

16

PRICE/UNIT

$107,188

CAP RATE

7.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Adam's Square Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

ME

APN/PARCEL ID

25-25-180-029

ASK ABOUT THIS PROPERTY

Brady WilliamsGreater DevelopmentMore Info
360-989-5395

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Brady WilliamsGreater DevelopmentMore Info
360-989-5395

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.