Multifamily Property for Sale in Detroit, MI
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Detroit, MI 48206
- Year built: 2006
Description
Excellent opportunity to attain an newly redeveloped property in Detroit. Investment Highlights: • Fully Updated Units and Mechanicals • One Block from Henry Ford Hospital which is Undergoing a $2.2 Billion Expansion • OPRA In Place for Taxes Through 2032
Market Context
This multifamily in Detroit, MI is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing multifamily assets. The building dates to 2006. It has been on the market for 68 days. Compare it against other multifamily listings for sale in Detroit, MI — <a href="/search/sale/multifamily/michigan/detroit">view the full market</a>.
Contact
- Jordan Migdal · (248) 415-2644 · jordan.migdal@marcusmillichap.com
- Chris Futo · (248) 415-3012 · chris.futo@marcusmillichap.com
- Chase Gilewski · (248) 415-2662 · chase.gilewski@marcusmillichap.com
- Luke D. Lamoreaux · (216) 264-2072 · luke.lamoreaux@marcusmillichap.com
Explore this market
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