This property is Off-Market
1445-1471 W. 9 Mile Road
Ferndale, MI 48237 ·
26 Units · Multifamily For Sale
|Price||N/A||Property Use Type||Vacant/Owner-User|
|No. Units||26||Cap Rate||8.80%|
|Building Size||19,600 SF||Gross Rent Multiplier||6.65|
|Property Type||Multifamily||Year Built||1968|
|Listing ID: 9851306||Date Created: 03/28/2001||Last Updated: 12/09/2002|
The property is located on the South side of W. 9 mile road just West of Pinecrest Street. The complex is in A-1 condition with all capital improvements implemented. The average rent per unit is $609.
The property is located just outside of downtown Ferndale. A large influx of tenants from the Royal Oak Area are moving towards Ferndale.
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