11385 Greenfield Rd, Detroit, MI for Sale
Apartments - FOR SALE
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11385 Greenfield Rd
Detroit, MI 48227
West Side


HIGHLIGHTS

  • Greenbriar Park Apartments comprises 98 units among two buildings with a unit mix ranging from studio to two-bedroom units.
  • Detroit’s West Side is known for its affordable rentals, easy access to downtown (10 miles), and abundant community parks.
  • Upside in leasing 60 apartments while generating strong, positive cash flow to support the remaining renovations with no out-of-pocket costs.
  • Residents have ample parking with a private lot located between the two buildings and public transportation right at the front door.
  • West Side Detroit is mainly residential, but supermarkets, casual restaurants, and small businesses are spread throughout the area.

FOR SALE DETAILS

PRICE

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# OF UNITS

98

CAP RATE

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% LEASED

8%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Recent CapEx & Near Downtown

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1966

PARKING SPACES

112

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

B4

APN/PARCEL ID

22-05107-499

ASK ABOUT THIS PROPERTY

Brent MaxwellPropfoxx LLCMore Info

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