2 results
Address
Price
Size
21201 Woodward Ave
Ferndale, MI
- The property includes 1 leased retail space at $3k/month through 2026 and a billboard currently leased for $10k/year. - Community amenities include laundry facilities on-site, secured/ gated surface parking, electric car charging station, and bike racks. - New ownership, based upon area rent comps, can raise rents up to $90 / unit. - Rent growth and median income is well above surrounding cities, while crime rate and vacancy rate are well below surrounding areas. - Subject property has an assumable loan with a current balance of $2,307,000 at a 5.1% interest rate. - The Ferndale submarket experienced 6.2% 12-month rent growth
Lease:
More info
More info
More info
Multi-Family Ferndale MI
176 W Cambourne St
Ferndale, MI
Sale:
$285,000
$285,000
More info
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Market Stats
Ferndale has 69 commercial real estate spaces for lease, representing 289,111 sqft space.
30 buildings are available for sale.
In the past 30 days, Ferndale has had 9 spaces leased.
Metropolitan areas near Ferndale, MI
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