911 South Main Street - Apartments FOR SALE


Ann Arbor, MI 48104- South Main
$6,800,000 USD
734-649-2409
911 South Main Street, Ann Arbor, MI for Sale
$6,800,000 USD
Apartments - FOR SALE
1/10
null | 4.23% Cap Rate

911 South Main Street
Ann Arbor, MI 48104
South Main


HIGHLIGHTS

  • Ultra Modern New Construction
  • Located in a rapidly growing area, with significant revenue upside
  • Steps to Michigan Stadium and University of Michigan Central Campus
  • Eco Friendly Building with Solar Panels and EV Charging Stations
  • Plenty of Outdoor deck space for Socializing, Yoga, Recreation

OVERVIEW

Metro Property Services is pleased to present the exclusive opportunity to acquire to 911 S Main St, an Ultra-Modern New Construction Multifamily building located steps from Michigan Stadium and University of Michigan's Central Campus in the heart of downtown Ann Arbor. Divided into 6 Units with a total of 34 Bedrooms, each Bedroom has its own ensuite bathroom and property comes equipped with NFPA 13r Fire Suppression system for superior safety. 6 Underground Parking Spaces with EV Charging Stations installed, and an additional 2 spaces located outside the building. Plentiful Deck space on the exterior of the building for entertaining. The property also boasts Rooftop Solar Panels, which defray the Owner's energy costs. Located steps from the new 2300 Bed University of Michigan Dorm, which opens in 2026. Each Unit has High Efficiency Heat & A/C, Washer & Dryer. All furnishings included in the sale.

FOR SALE DETAILS

PRICE

$6,800,000 USD

PRICE/SF

$1,700 USD /SF

# OF UNITS

6

PRICE/UNIT

$1,133,333

CAP RATE

4.23%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

R4C

APN/PARCEL ID

09-09-32-113-017

ASK ABOUT THIS PROPERTY

Chris VesselsMetro Property ServicesMore Info
734-649-2409

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Chris VesselsMetro Property ServicesMore Info
734-649-2409

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