Listed by Friedman Real Estate
Unpriced
24949 Mayfair St
Details
APN 58-134-99-0007-704
Property Type Multifamily
Sub Type Apartment Building
Units 87
Year Built 1973
Acreage 8.780
24949 Mayfair Street, Flat Rock, MI 48134-2707
Investment highlights
- 87-unit townhome community: well-maintained asset offering scale, operational efficiency, and consistent rental income
- Across from ford motor company flat rock assembly plant | immediate I-75 access: prime location near a major employment hub with strong regional connectivity to Detroit and surrounding areas
- Recent unit upgrades completed: numerous interior improvements over the past 12 months, enhancing tenant appeal and reducing near-term capital needs
- Attractive townhome-style unit mix: spacious layouts with private entrances support strong occupancy and tenant retention
- Rubs implementation opportunity: ability to increase noi through utility cost recovery
- Close to downtown flat rock amenities: convenient access to local shopping, dining, and services
Listing Contacts
Listed by Friedman Real Estate
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