19199 Lahser Rd - Apartments FOR SALE


Detroit, MI 48219- Redford
$1,200,000 USD
248-979-3466
19199 Lahser Rd, Detroit, MI for Sale
$1,200,000 USD
Apartments - FOR SALE
1/24
null | Request Cap Rate

19199 Lahser Rd
Detroit, MI 48219
Redford


OVERVIEW

Renovated low rise garden style 18-unit brick apartment complex (secure entrance from parking lot out to courtyard) with 12 one/one and 6 two/one units situated on a 15,842 sf site! Great curb appeal. Leases include some Section 8, 100% occupied!! Boiler, roof and windows updated, nice size parking lot for tenants. Property manager in place or self-manage. Ideal opportunity for cash buyer or bank financing. This property has been city certified.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$75 USD /SF

# OF UNITS

18

PRICE/UNIT

$66,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

-

APN/PARCEL ID

22-11-364-20-02L,22-11-364-30-02L,22-11-364-40-02L,22-11-364-50-02L,22-11-364-60-02L,22-11-364-70-02L,22-11-364-80-02L,22-11-364-90-02L,22-11-365-00-02L,22-11364-250,22-113642-001,22-113643-001,22-113644-001,22-113645-001,22-113647-001,22-113648-001,22-113649-001,22-113650-001

ASK ABOUT THIS PROPERTY

Justin ZehelKeller Williams Paint CreekMore Info
248-979-3466

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Justin ZehelKeller Williams Paint CreekMore Info
248-979-3466

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