248-255-6052
750 Chene St, Detroit, MI for Sale
Apartments - FOR SALE
1/33
null | Request Cap Rate

750 Chene St
Detroit, MI 48207
Elmwood


HIGHLIGHTS

  • Rare Trophy Asset: Opportunity to acquire a landmark 202-Unit Apartment Community in Detroit’s sought-after Lafayette Park neighborhood
  • Premier Location: Minutes from Downtown Detroit, Eastern Market, major employers, dining, and entertainment
  • Luxury Renovations: Extensively upgraded with modern interiors and enhanced community amenities
  • Iconic Views: Panoramic views of the Detroit skyline, Detroit River, Belle Isle, and Windsor
  • Resort-Style Amenities: Heated pool, Sky Lounge, fitness center, clubroom, dog park, and more
  • Strong Investment Fundamentals: High barriers to entry and sustained demand support long-term value

OVERVIEW

City Club Apartments Lafayette Park presents a rare opportunity to acquire an iconic, large-scale multifamily asset in one of Detroit’s most recognized neighborhoods. This 202-unit apartment community has been extensively renovated, incorporating modern interiors and upgraded amenities. Located in the highly coveted Lafayette Park district, the property is positioned just minutes from Downtown Detroit, Eastern Market, major employers, and vibrant entertainment options, ensuring unmatched connectivity and tenant appeal. Residents enjoy premium amenity spaces designed for a dynamic urban lifestyle, from a heated pool and sky lounge to a fitness center and clubroom. Outdoor enhancements include a dog park and landscaped community areas. Elevated above the city, units capture breathtaking panoramic views of the Detroit skyline, Belle Isle, and the Detroit River. With significant barriers to entry and robust demand drivers in Detroit’s urban core, this offering provides investors with the dual advantages of stability and long-term value appreciation. City Club Apartments Lafayette Park combines enduring fundamentals, a premier location, and irreplaceable community features for a highly compelling acquisition opportunity.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

202

CAP RATE

Request Cap Rate

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

City Club Apartments Lafayette Park

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Hi-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

18

YEAR BUILT

1974

PARKING SPACES

172

LAND DETAILS

LAND ACRES

2.42 AC

LAND SF

105,415 SF

ZONING

B4

APN/PARCEL ID

11-00012-534

ASK ABOUT THIS PROPERTY

Richard DeptulaFriedman Real EstateMore Info
248-255-6052

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Richard DeptulaFriedman Real EstateMore Info
248-255-6052

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