18401 Joy Rd | Detroit, MI 48228
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- LoopNet Team
18401 Joy Rd
Detroit, MI 48228
Penrod Manor Apartments · Multifamily Property For Sale
·
58 Units
INVESTMENT HIGHLIGHTS
- 58 unit multifamily opportunity
- Strong value add opportunity
- Strong population density
- Two buildings; 29 units each
- All 1BR/1BA units
- Contact Broker for financials
PROPERTY FACTS
| No. Units | 58 | Building Size | 48,651 SF |
| Property Type | Multifamily | Average Occupancy | 55% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1970/1972 |
| Building Class | C | Parking Ratio | 0.96/1,000 SF |
| Lot Size | 0.48 AC | ||
| Zoning | B4 - Muli-family Residential | ||
| No. Units | 58 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.48 AC |
| Building Size | 48,651 SF |
| Average Occupancy | 55% |
| No. Stories | 3 |
| Year Built/Renovated | 1970/1972 |
| Parking Ratio | 0.96/1,000 SF |
| Zoning | B4 - Muli-family Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Renters Insurance Program
- Hearing Impaired Accessible
- Maintenance on site
- Vision Impaired Accessible
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 58 | $850.00 | 600 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $937,400 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$937,400
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