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11180 E Seven Mile Rd 16 Unit Apartment Building $400,000 ($25,000/Unit) Detroit, MI 48234
INVESTMENT HIGHLIGHTS
- Vacant 16 unit apartment building
- Large studio & one bedroom units
- Located in strong rental market
- Contact Broker for additional details
EXECUTIVE SUMMARY
Sixteen (16) unit vacant apartment building for sale in Detroit, MI.
PROPERTY FACTS Under Contract
| Price | $400,000 | Building Class | C |
| Price Per Unit | $25,000 | Lot Size | 0.28 AC |
| Sale Type | Investment | Building Size | 10,714 SF |
| No. Units | 16 | Average Occupancy | 87% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1966 |
| Apartment Style | Low-Rise | Parking Ratio | 2.33/1,000 SF |
| Zoning | Residential | ||
| Price | $400,000 |
| Price Per Unit | $25,000 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 10,714 SF |
| Average Occupancy | 87% |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 2.33/1,000 SF |
| Zoning | Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | - | 600 |
| 1+1 | 12 | - | 900 |
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PROPERTY TAXES
| Parcel Number | 17-00496-469 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $217,900 |
PROPERTY TAXES
Parcel Number
17-00496-469
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$217,900
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11180 E Seven Mile Rd
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