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1981-2025 W McNichols Rd
Highland Park, MI 48203
 Palmer Park Estates | Receivership Sale · Multifamily Property For Sale · 69 Units

Apartment Buildings Michigan Highland Park 1981-2025 W McNichols Rd, Highland Park, MI 48203

INVESTMENT HIGHLIGHTS

  • 0% portfolio occupancy provides a value-add opportunity to lease up vacant units and repair fire damaged units. Tours 11/9 by appt. only!
  • 15 minute drive north of Downtown Detroit and within a mile of the University of Detroit Mercy College of Engineering.
  • Includes an opportunity for a lower-cost basis to deliver refreshed units versus a tear down/new build due to rising construction costs.
  • Located on the northwest corner of the Highland Park neighborhood in Detroit, approximately .6 miles easts of Henry Ford Hospital.
  • Located within two miles of access to Woodward Avenue, I-75, and John C. Lodge Freeway (M-10.)
  • Directly south of Palmer Park and the Detroit Golf Club, which provides walking trails, disc golf, tennis, and a nature center.

PROPERTY FACTS

Sale Condition Auction Sale Lot Size 1.80 AC
Type of Ownership Fee Simple Building Size 62,040 SF
No. Units 69 Average Occupancy 0%
Property Type Multifamily No. Stories 3
Property Subtype Apartment Year Built 1925
Apartment Style Low-Rise Parcel Numbers
08-005551
  • 08-009545
  • 08-009546
  • 08-009547
  • 43-004-04-0029-000
  • 43-004-04-0033-000
  • 43-004-04-0038-000
  • 43-004-04-0045-000
  • 43-004-05-0065-001
  • 43-004-05-0067-001
  • 43-004-05-0068-000
Building Class C
Zoning R-UV
Sale Condition Auction Sale
Type of Ownership Fee Simple
No. Units 69
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.80 AC
Building Size 62,040 SF
Average Occupancy 0%
No. Stories 3
Year Built 1925
Zoning R-UV
Parcel Numbers
08-005551
  • 08-009545
  • 08-009546
  • 08-009547
  • 43-004-04-0029-000
  • 43-004-04-0033-000
  • 43-004-04-0038-000
  • 43-004-04-0045-000
  • 43-004-05-0065-001
  • 43-004-05-0067-001
  • 43-004-05-0068-000
 

  • Listing ID: 27860602

  • Date on Market: 3/1/2023

  • Last Updated:

  • Address: 1981-2025 W McNichols Rd, Highland Park, MI 48203

The Multifamily Property at 1981-2025 W McNichols Rd, Highland Park, MI 48203 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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1981-2025 W McNichols Rd, Highland Park, MI for sale Building Photo- Image 1 of 1
Unique Masonry Structure Encompassing a Full City Block

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