22270 Kelly Rd - Apartments FOR SALE


Eastpointe, MI 48021
$915,000 USD
360-989-5395
22270 Kelly Rd, Eastpointe, MI for Sale
$915,000 USD
Apartments - FOR SALE
1/5
null | 8% Cap Rate

22270 Kelly Rd
Eastpointe, MI 48021


HIGHLIGHTS

  • Cash Flow
  • Stabilized

OVERVIEW

Kelly Pointe Apartments is a stabilized 10 unit apartment building located in Eastpointe, MI. The units are all one bedroom one bath, approximately 600 square feet. There is one building total, with one parking space per unit. The property is 100% occupied grossing +$10,000 per month, with an annual gross potential rent of $120,120.

FOR SALE DETAILS

PRICE

$915,000 USD

PRICE/SF

$108 USD /SF

# OF UNITS

10

PRICE/UNIT

$91,500

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

18

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

19,820 SF

ZONING

RM1

APN/PARCEL ID

02-14-32-236-002

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.