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20485 Goddard St
Detroit, MI 48234
Belmont Manor Apartments · Multifamily Property For Sale
·
151 Units
Investment Highlights
- Potential Value Add Opportunity Proven Out by Direct Competition
- Strong Rental Market
- Strong Location - Significant Frontage on 8 Mile Road
- Assumption of Existing Debt or New Financing Options
- Offered Well Below Replacement Cost
- Detroit Investment Market
Property Facts
| No. Units | 151 | Building Size | 80,382 SF |
| Property Type | Multifamily | Average Occupancy | 93% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1968 |
| Building Class | C | Parking Ratio | 1.89/1,000 SF |
| Lot Size | 4.43 AC | ||
| Zoning | R-3, B-4 - Low Density Residential District, General Business District | ||
| No. Units | 151 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.43 AC |
| Building Size | 80,382 SF |
| Average Occupancy | 93% |
| No. Stories | 3 |
| Year Built | 1968 |
| Parking Ratio | 1.89/1,000 SF |
| Zoning | R-3, B-4 - Low Density Residential District, General Business District |
Amenities
Unit Amenities
- Cable Ready
- Disposal
- Kitchen
- Refrigerator
- Oven
- Range
- Carpet
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 43 | $580.00 | - |
| 1+1 | 95 | $710.00 | - |
| 2+1 | 13 | $810.00 | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $2,074,700 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,074,700
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