Listed by Landmark Commercial Real Estate Services
Unpriced
Hathaway Street Apartments
Details
Property Type Multifamily
Sub Type Apartment Building
Units 42
NOI $287,434
Year Built 1973
Buildings 6
Acreage 3.260
Zoning RM-2
42 Unit Apartment Building | Value-Add Opportunity | Growing Lakeshore Community
Investment highlights
- Value-Add Opportunity through continued rental increases, interior renovations, and operational efficiencies.
- High Occupancy History demonstrating consistent tenant demand and stable performance.
- Located in a Growing Lakeshore Community with strong demographics and continued residential growth.
- Proximity to Downtown New Baltimore, Lake St. Clair, waterfront parks, restaurants, shopping, and entertainment.
- Limited Multifamily Supply in the immediate market supporting long-term occupancy and rental growth.
Listing Contacts
Listed by Landmark Commercial Real Estate Services
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$287,434.00
$23,952.83/mo
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