7720 Pitt St - Apartments FOR SALE
Detroit, MI 48209 |
7720 Pitt St
Detroit, MI 48209
HIGHLIGHTS
- This rare offer provides a 95% occupied, 50-unit apartment community with a mix of one and two-bedroom units and a prime location in SW Detroit.
- 47 of the units are currently leased, with three additional units primed for renovation, providing immediate value-add potential.
- This easily accessible location is within 5 minutes ofI-75 and I-94, and within 15 minutes of Downtown Detroit.
- Robust multifamily investment market, with a growing 5-mile population of 284,000 and 57% of residents currently renting their homes.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Pitt Central Manor
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
53000
STORIES
3
YEAR BUILT
1926
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
20-004943,20-004944,20-004945,20-004946,20-004947
