23225 Deanhurst St - Apartments FOR SALE


Clinton Township, MI 48035
$1,300,000 USD
248-953-6270
23225 Deanhurst St, Clinton Township, MI for Sale
$1,300,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

23225 Deanhurst St
Clinton Township, MI 48035


OVERVIEW

The ONE11 Collection, located at 23225 Deanhurst Street offers a well maintained multifamily asset positioned in a quiet residential pocket of Clinton Township, one of Macomb County’s most stable and steadily growing suburban markets. The property features nine fully occupied one-bedroom units, each with efficient layouts, consistent rental demand, and strong in-place income supported by long-term tenancy. With uniform unit sizes and a straightforward building configuration, the asset is easy to manage and ideal for both new and seasoned investors. The property benefits from recent operational performance, reflected in solid trailing-12-month financials, stable collections, and limited turnover. Nearby retail, parks, and daily conveniences contribute to tenant satisfaction, while the surrounding neighborhood continues to experience healthy home value appreciation and expanding demand for quality rental housing. Clinton Township’s strong demographics, accessibility, and reputation as a safe, family-friendly community further reinforce the property’s long-term appeal. Overall, 23225 Deanhurst St presents a compelling opportunity to acquire a 100% occupied, income-producing multifamily property in a proven suburban market. With reliable cash flow, manageable expenses, and upside potential through continued rent growth, this asset offers an attractive blend of stability and long-term investment value in one of the area’s most accessible and resilient rental corridors.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$233 USD /SF

# OF UNITS

9

PRICE/UNIT

$144,444

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

1979

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

RML MUL

APN/PARCEL ID

16-11-35-403-028

ASK ABOUT THIS PROPERTY

Tim ShayokaPrime Real EstateMore Info
248-953-6270

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Tim ShayokaPrime Real EstateMore Info
248-953-6270

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