Multi-Family Redevelopment Opportunity

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30183830
Property Subtypes: Mid-Rise
Status: Pending
Number of Units: 44 Units
Building Size (RSF): 36,000 SF
Gross Building Area: See Agent
Gross Land Area: 0.86 Acres
Sale Price: $45,000
Unit Price: $1,022.73 Per Unit
Property Use Type: Vacant/Owner-User
Building Name: Former Woodland Apartments
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/4/2018

Overview / Comments

Please view attached Marketing Package for more information.

Attachments & Media

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit E of Woodward
Taxing Authority: City of Detroit
Tax ID/APN: 01003632.
Zoning: B4
Property Located Between: Woodward and John R.
Highway Access: Centrally located between I-75, M-10, and I-94
Area Description: Short distance to Midtown and the Central Business District
Total Number of Buildings: 1
Year Built: 1923
Zoning Description: General Business District
Legal Description: N WOODLAND N 30 FT OF E 110 FT 4 E 110 FT OF 5-6 WOODLAND L13 P85 PLATS, W C R 1/130 110 X 115

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,735 178,136 491,838
Median Age: 38.76 35.82 35.24
Households: 7,413 68,285 188,964
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