7430 Alaska St - Apartments FOR SALE
Detroit, MI 48204 |
7430 Alaska St
Detroit, MI 48204
HIGHLIGHTS
- 8-Unit Apartment Building – A rare multifamily investment opportunity in an emerging Detroit neighborhood
- Value-Add Potential
- Potential Upside – Adjusting rents to market rates could increase annual rental income
- Strong Rental Demand – Detroit’s rental market remains robust, with high occupancy rates and strong demand for affordable one-bedroom units
- Affordable Entry Point – Competitive property pricing with significant upside through renovations and improved property management
- Strategic Location – Close to major employment centers, public transit, and ongoing redevelopment projects, boosting long-term property value
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
8-Unit Multifamily Property
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
5160
STORIES
2
YEAR BUILT
1926
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
16-023656
