13700 La Salle Blvd - Apartments FOR SALE


Detroit, MI 48238- North Detroit
$500,000 USD
248-702-0288
13700 La Salle Blvd, Detroit, MI for Sale
$500,000 USD
Apartments - FOR SALE
1/4
null | 8.18% Cap Rate

13700 La Salle Blvd
Detroit, MI 48238
North Detroit


HIGHLIGHTS

  • Prime Detroit Location - Close to major employers, transit, and retail amenities
  • High Demand - Strong rental market with stable occupancy trends
  • Value-Add Upside - Potential to increase rents through renovations and improved management
  • Attractive Unit Mix - Well-positioned to appeal to a broad tenant base

OVERVIEW

Prime Detroit Location - Close to major employers, transit, and retail amenities

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$71 USD /SF

# OF UNITS

6

PRICE/UNIT

$83,333

CAP RATE

8.18%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

R5

APN/PARCEL ID

08-010223

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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