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City Club Apartments Lafayette Park 750 Chene St 202 Unit Apartment Building For Sale Detroit, MI 48207
Investment Highlights
- Rare Trophy Asset: Opportunity to acquire a landmark 202-Unit Apartment Community in Detroit’s sought-after Lafayette Park neighborhood
- Luxury Renovations: Extensively upgraded with modern interiors and enhanced community amenities
- Resort-Style Amenities: Heated pool, Sky Lounge, fitness center, clubroom, dog park, and more
- Premier Location: Minutes from Downtown Detroit, Eastern Market, major employers, dining, and entertainment
- Iconic Views: Panoramic views of the Detroit skyline, Detroit River, Belle Isle, and Windsor
- Strong Investment Fundamentals: High barriers to entry and sustained demand support long-term value
Executive Summary
City Club Apartments Lafayette Park presents a rare opportunity to acquire an iconic, large-scale multifamily asset in one of Detroit’s most recognized neighborhoods. This 202-unit apartment community has been extensively renovated, incorporating modern interiors and upgraded amenities. Located in the highly coveted Lafayette Park district, the property is positioned just minutes from Downtown Detroit, Eastern Market, major employers, and vibrant entertainment options, ensuring unmatched connectivity and tenant appeal.
Residents enjoy premium amenity spaces designed for a dynamic urban lifestyle, from a heated pool and sky lounge to a fitness center and clubroom. Outdoor enhancements include a dog park and landscaped community areas. Elevated above the city, units capture breathtaking panoramic views of the Detroit skyline, Belle Isle, and the Detroit River.
With significant barriers to entry and robust demand drivers in Detroit’s urban core, this offering provides investors with the dual advantages of stability and long-term value appreciation. City Club Apartments Lafayette Park combines enduring fundamentals, a premier location, and irreplaceable community features for a highly compelling acquisition opportunity.
Residents enjoy premium amenity spaces designed for a dynamic urban lifestyle, from a heated pool and sky lounge to a fitness center and clubroom. Outdoor enhancements include a dog park and landscaped community areas. Elevated above the city, units capture breathtaking panoramic views of the Detroit skyline, Belle Isle, and the Detroit River.
With significant barriers to entry and robust demand drivers in Detroit’s urban core, this offering provides investors with the dual advantages of stability and long-term value appreciation. City Club Apartments Lafayette Park combines enduring fundamentals, a premier location, and irreplaceable community features for a highly compelling acquisition opportunity.
Property Facts
| Sale Type | Investment | Building Size | 156,634 SF |
| No. Units | 202 | Average Occupancy | 85% |
| Property Type | Multifamily | No. Stories | 18 |
| Property Subtype | Apartment | Year Built/Renovated | 1974/2021 |
| Apartment Style | Hi-Rise | Parking Ratio | 1.1/1,000 SF |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 2.42 AC | ||
| Zoning | B4 - General or Specific Business District | ||
| Sale Type | Investment |
| No. Units | 202 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Hi-Rise |
| Building Class | B |
| Lot Size | 2.42 AC |
| Building Size | 156,634 SF |
| Average Occupancy | 85% |
| No. Stories | 18 |
| Year Built/Renovated | 1974/2021 |
| Parking Ratio | 1.1/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | B4 - General or Specific Business District |
Amenities
Unit Amenities
- Balcony
- Refrigerator
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Smoke Free
- Warming Drawer
- Window Coverings
Site Amenities
- Business Center
- Clubhouse
- Fitness Center
- Laundry Facilities
- Pool
- Property Manager on Site
- Gated
- Laundry Service
- Elevator
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 201 | - | 550 |
| 2+1 | 1 | - | 685 |
1 1
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 11-00012-534 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $419,600 |
Property Taxes
Parcel Number
11-00012-534
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$419,600
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City Club Apartments Lafayette Park | 750 Chene St
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