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129-Unit Detroit Multifamily Portfolio 7 Multifamily Properties Offered at $12,558,000 in Detroit, MI

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INVESTMENT HIGHLIGHTS

  • 80% Section 8 Tenancy - Guaranteed by State of Michigan

EXECUTIVE SUMMARY

11619 BELLETERRE AVE. | DETROIT, MI 48204
13641 DEXTER AVE. | DETROIT, MI 48238
2630 RICHTON ST. | DETROIT, MI 48206
5075 CHALMERS ST. | DETROIT, MI 48213
11705 ELMDALE ST. | DETROIT, MI 48213
1639 GLENDALE AVE. | DETROIT, MI 48238
8440 BURNETTE ST. | DETROIT, MI 48204

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $12,558,000
Price / SF $123.66 / SF
Cap Rate 9.29%
Sale Type Investment
Status Active
Number of Properties 7
Individually For Sale 0
Total Building Size 101,550 SF
Total Land Area 1.09 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
13641 Dexter Ave, Detroit, MI 48238 Multifamily 39,000 SF 1928 -
11619 Belleterre St, Detroit, MI 48204 Multifamily 16,000 SF 1924 -
2630 Richton St, Detroit, MI 48206 Multifamily 12,000 SF 1929 -
1639 Glendale St, Detroit, MI 48238 Multifamily 10,356 SF 1915 -
5075 Chalmers St, Detroit, MI 48213 Multifamily 10,194 SF 1929 -
11705 Elmdale St, Detroit, MI 48213 Multifamily 8,000 SF 1927 -
Brunette Apartments
8440 Burnette St, Detroit, MI 48204
Multifamily 6,000 SF 1927 -
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  • Listing ID: 36289151

  • Date on Market: 6/17/2025

  • Last Updated:

  • Address: 129-Unit Detroit Multifamily Portfolio, Detroit, MI

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