Commercial Sale
Price:$6,850,000
Location: MI
Days on Market: 35
Description:
CALLING ALL INVESTORS!! This Russell Woods apartment complex has 156 units and is a ADD VALUE INVESTMENT/OPPORTUNITY!! 60% occupied! 100 one bed/one bath and 56 two beds/one bath units. Occupied units are in great condition. Vacant units just need turned and rented. This complex is made up of 12 plus buildings on one plot of land! Rare find. Fenced property. Some of the roofs have been updated/replaced. Most of the windows have been updated to vinyl. Half the complex is boiler heat and the other half has furnaces in each unit. Great mix! Good rents. Located in the great Russell woods community of Detroit! This will be a cash cow once units are turned and fully occupied! Serious buyers only please!
156 units. Detroit. Apartment complex. Tenant occupied. Vinyl Windows. Cash cow. Good rents. Fenced property.
Listing Code: 1112162182