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Executive Summary

Prime Location: In the heart of St. Clair Shores, minutes from Lake St. Clair?
100% Leased: Providing immediate, stable cash flow ?
All 1-Bedroom Unit Mix: 13 large units averaging 900 SF?
Building Amenities: Laundry facilities, high-speed internet, & pet friendly?
Easily Accessible: By major roads & freeways, near shopping, dining, & parks?

Property Facts

Price $1,750,000
Price Per Unit $134,615
Sale Type Investment
Cap Rate 6.28%
Sale Conditions
1031 Exchange
  • REO Sale
No. Units 13
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.63 AC
Building Size 11,620 SF
No. Stories 2
Year Built 1964
Parking Ratio 2.07/1,000 SF
Zoning RM-1

Amenities

Site Amenities

  • Courtyard

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 13 - -
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
  • Listing ID: 41878739

  • Date on Market: 8/25/2026

  • Last Updated:

  • Address: 22303 Oconnor St, Saint Clair Shores, MI 48080

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