41,440 SF (51 Unit) Apartment Building with 0.41 Adjacent Developable Lot
41,440 SF (51 Unit) Apartment Building with 0.41 Adjacent Developable Lot
In the Heart of Midtown Among the Hottest Restaurant and Retail Areas in Detroit
Neighboring Retailers Include SheWolf, Selden Standard, Shinola, Jolly Pumpkin and More
The Lobby, Elevator and All Units Are Being Fullly Renovated and Will be Completed by May 1, 2019
The Adjacent Lot Can Be Redeveloped for 50 +/- Additional Units Including Parking For Both Buildings
This is a Multi-Family Value-Add Opportunity in Midtown Detroit. Pro Forma Rents are Conservative Estimates, Demand Exceeds Surplus and the Adjacent Parking Lot Can Be Redeveloped as Well. All Units Will Be Turn-Key Ready by May 1, 2019
