Webb 8 unit apartment- Projected 8–10% cap
8-Unit Value-Add Multifamily | Full Rehab Opportunity with Plans & Strong Rental Upside
Marketing description
8-unit brick multi-family investment opportunity in Detroit. Property features a new roof and has been fully interior demoed down to the studs, providing a true blank slate for redevelopment and value-add potential.
Seller/agent has a full scope of work available, including a project proposal from a licensed contractor with detailed plans, unit layouts, and modern finish concepts for each unit—allowing investors to move forward with a clear renovation vision and execution plan.
Property is being sold as-is. Buyer to verify all measurements, zoning, and rental estimates. Contact listing agent for access and to request scope of work and contractor proposal.
Investment highlights
Seller/agent has a full scope of work available, including a project proposal from a licensed contractor with detailed plans, unit layouts, and modern finish concepts for each unit—allowing investors to move forward with a clear renovation vision and execution plan.
Projected market rents estimated between $950–$1,200 per unit once completed. Ideal for investors utilizing buy-and-hold, or portfolio expansion strategies seeking strong future cash flow and appreciation.
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