Multifamily Property For Sale - REO Multifamily (Grayton Park Manor Apartments)

12850 Dolphin Street, Detroit, MI, 48223

 

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REO Multifamily (Grayton Park Manor Apartments)

12850 Dolphin Street, Detroit, MI 48223

Grayton Park Manor Apartments
  • $1,200,000
  • 128
  • 89,609 SF
  • $9,375
  • Multifamily
  • Garden/Low-Rise
  • Investment
  • Yes
  • 52%
  • 4.70 AC
  • Find Out More...
Last Verified  11/11/2009 Listing ID  16426344

Description

Grayton Park Manor Apartments is a multifamily community located at 12850 Dolphin Street in Detroit, Wayne County, Michigan.

This garden-style apartment community consists of 128 units contained in (17) two-story courtyard buildings and (1) three-story manor building with an elevator. There are laundry facilities in each building, and a separate office/leasing building located at the southwest corner of the site.

Situated on a 4.7-acre parcel of land, the property was constructed in phases from 1955 and 1958 on concrete foundations and footings with brick veneer exterior walls and pitched composition shingle roofs. Parking at the site consists of street level on Outer Drive and Lahser Road, as well as a gated entrance off Dolphin Street.

The unit mix is comprised of (32) one-bedroom/one-bath units and (48) two-bedroom/one-bath units in the courtyard buildings; and (45) one-bedroom/one-bath units and (3) two-bedroom/one bath units in the manor building.

Grayton Park is located in a fully developed area surrounded by single-family and multi-family residential properties. The community is just minutes north of Rouge Park, a large city park that has been in operation for nearly 70 years. The Property sits east of Telegraph Road (US-24), a major north/south thoroughfare, and just north of Plymouth Road, a major east/west arterial on the edge of Rouge Park on the east side of Outer Drive, a four-lane asphalt paved roadway. Grayton Park is situated in the northwest part of Detroit, approximately 11 miles northwest of the Detroit CBD.

Map of 12850 Dolphin Street, Detroit, MI 48223 (Wayne County)

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Presented by

Friedman Real Estate Group

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Friedman Real Estate Group x (248) 324-2000
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Created 10/9/2009

Additional Information for 12850 Dolphin Street, Detroit, MI 48223

  • Active For Sale - 2 Listings
  • Active For Lease - 0 Listing
  • Previously Listed - 1 Historic Listing
  • Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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