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31458914
31458915

Hyde Park Rd, Detroit, MI 48207

CB
MI 6502406329, MI 6502349758
Global Real Estate Advisors (GREA)
Listed by Global Real Estate Advisors (GREA)
Unpriced
90 days on market
Updated 90 days ago

The Village of Hyde Park

Details
APN 09000996
Property Type Multifamily
Sub Type Apartment Building
Square Footage 64,500
Units 43
Occupancy 93%
Class B
Year Built 1985
Buildings 8
Stories 2
Investment Type Stabilized

Multifamily | 43 Units

Marketing description

Global Real Estate Advisors are pleased to present the exclusive offering of The Village of Hyde Park - a distinctive collection of 43 architecturally significant, two-bedroom townhomes situated in Elmwood Park directly adjacent to Lafayette Park, Detroit's crown jewel of mid-century modern urban planning. Located just minutes from Detroit's Central Business District, Lafayette Park is the world's largest collection of buildings designed by Mies van der Rohe, representing a premier example of post-WWII Bauhaus urban renewal. Along with its strategic urban proximity, the Village of Hyde Park is a neighborhood positioned at the heart of Detroit's most transformative decade of revitalization.

For investors, the Village of Hyde Park offers an exceptional value proposition: a low-unit-count (including 29 updated units garnering a substantial rent premium), historically significant residential community within walking distance of three major sports venues, a rapidly developing downtown core anchored by billion-dollar projects, and a neighborhood whose architectural pedigree commands sustained premium valuations in an otherwise affordable market.

Investment highlights

  • Iconic and historic location and design
  • Close proximity to Central Business District
  • Close proximity to major retail and community development and amenities
  • Attractive to families and young professionals headquartered downtown

Listing Contacts

CB
MI 6502406329, MI 6502349758
Global Real Estate Advisors (GREA)
Listed by Global Real Estate Advisors (GREA)

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