21440 Kelly Rd - Apartments FOR SALE


Eastpointe, MI 48021
$1,150,000 USD
360-989-5395
21440 Kelly Rd, Eastpointe, MI for Sale
$1,150,000 USD
Apartments - FOR SALE
1/6
null | 8% Cap Rate

21440 Kelly Rd
Eastpointe, MI 48021


HIGHLIGHTS

  • Stablized
  • Cash Flow

OVERVIEW

Kelly Pointe Apartments is a stabilized 12 unit apartment building located in Eastpointe, MI. The property consist of 8 one bedroom one bath and 4 two bedroom one bath units. There is 3 buildings total, with one parking space per unit. The property is 100% occupied grossing +$13,000 per month, with an annual gross potential rent of $156,000.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$122 USD /SF

# OF UNITS

12

PRICE/UNIT

$95,833

CAP RATE

8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kelly Pointes Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

APT 10 UNI

APN/PARCEL ID

02-14-32-403-006

ASK ABOUT THIS PROPERTY

Brady WilliamsGreater DevelopmentMore Info
360-989-5395

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Brady WilliamsGreater DevelopmentMore Info
360-989-5395

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