18250 Weaver St - Apartments FOR SALE


Detroit, MI 48228- Cody-Rouge
$2,650,000 USD
248-914-2025
18250 Weaver St, Detroit, MI for Sale
$2,650,000 USD
Apartments - FOR SALE
1/7
null | 12% Cap Rate

18250 Weaver St
Detroit, MI 48228
Cody-Rouge


OVERVIEW

Turnkey 40-Unit Multifamily Opportunity | CASH FLOW !| Prime Detroit Location Fully remodeled 40-unit multifamily asset ideally located in the heart of Detroit, just minutes from major shopping districts and directly adjacent to the highly sought-after Dearborn Heights community. This property has undergone a full transformation—modernized units, updated mechanicals, and refreshed common areas—making it a truly turnkey opportunity. Seller is ready to hand off this high-yield investment to a new owner ready to capitalize on rising demand and long-term wealth creation through lease-up and management. Please contact the listing agent directly for all showings and additional information. Submit LOIs to email:lilamircholi@yahoo.com or call 248-914-2025 for further inquiries. Buyer agent to verify all information on listing ticket, all information deemed reliable but not guaranteed. Listing agent is related to seller(s)

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$89 USD /SF

# OF UNITS

40

PRICE/UNIT

$66,250

CAP RATE

12%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Glen Rose Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1969

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

Residential

APN/PARCEL ID

22-06825-561

ASK ABOUT THIS PROPERTY

Lila MircholiGolden Key Realty Group LLCMore Info
248-914-2025

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Lila MircholiGolden Key Realty Group LLCMore Info
248-914-2025

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