Apartment Buildings /MI /Wayne County /Detroit /18333 Schoolcraft
Apartment Buildings /MI /Wayne County /Detroit /18333 Schoolcraft

18333 Schoolcraft - Apartments FOR SALE


Detroit, MI 48223- Brightmoor | 
$575,000 USD
810-986-2331
18333 Schoolcraft, Detroit, MI for Sale
$575,000 USD
Apartments - FOR SALE
1/23
null | 11.59% Cap Rate
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18333 Schoolcraft
Detroit, MI 48223
Brightmoor

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HIGHLIGHTS

  • Large bedrooms, A/C window units, potential income increase.
  • off street parking, quiet clean well maintained
  • secure entrance, security cameras, lawn sprinkler system.

OVERVIEW

Good investment opportunity on this eight units building in good condition. Updated boiler (2yrs), Hot water heater (2yrs). very clean and maintained building. Slight below market rent rates.

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$59 USD /SF

# OF UNITS

8

PRICE/UNIT

$71,875

CAP RATE

11.59%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

commercial

APN/PARCEL ID

22-0088457

ASK ABOUT THIS PROPERTY

Glen BrownReMax Dream Properties- Remax CommercialMore Info
810-986-2331

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Glen BrownReMax Dream Properties- Remax CommercialMore Info
810-986-2331

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