Listed by Keystone Commercial Real Estate
$3,240,000
Courtyard Apartments
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 40,970
Units 60
Cap Rate 10.06%
Occupancy 95%
Year Built 1960
Buildings 1
Stories 2
Acreage 1.800
Multifamily | 10.06% CAP | 60 Units
Marketing description
Courtyard Apartments offers an exceptional investment opportunity for multifamily/high-rise investors. This well-maintained property features 60 units in a prime location, offering the potential for high returns. With an extensive unit count and appeal, this property is an ideal choice for those seeking a multifamily investment with substantial growth potential.
Investment highlights
40,970 SF apartment building on 1.8 acres
2 floors
63 units: 58 x 1 BR, 5 x 2 BR
Built in 1960
Multifamily/High-rise investment potential
Located 15 minutes from Downtown Detroit
Substantial growth opportunity
Listing Contacts
Listed by Keystone Commercial Real Estate
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