Looking for iconcommercialexperts.com

Click here

Home / Offerings / Off-Market 30-Unit Apartment Building

Renovated red-brick multi-story apartment building on a tree-lined Midtown Detroit street.

Representative image — asset type shown, not the subject property

Multifamily · For Sale · Available

Off-Market 30-Unit Apartment Building

Thirty fully renovated studio units a short walk off Woodward near Wayne State, at an 8.43% pro forma cap.

Price
$3.5M
Pro forma NOI
$295K
Cap rate
8.43%

Market: Off Woodward Ave near Wayne State, Detroit — exact address disclosed after NDA

01Highlights

  • 30 units, fully renovated studios
  • In-unit washer and dryer
  • On-site parking
  • Pro forma NOI of $295,000
  • Walking distance to Wayne State
This is an off-market offering. We can disclose the address and the brochure after NDA — that is how we protect our sellers.

Off Woodward Ave near Wayne State, Detroit

Exact location released
after NDA

02NDA & address

Get the address and the brochure.

Financials, aerials, demographics and lease detail — the same offering memorandum our investor list receives.

Joseph Jazrawi, Acquisitions & Dispositions at ICON Commercial Experts

Joseph Jazrawi

Acquisitions & Dispositions · Commercial · NET Lease

586-331-6211 · joseph@iconcrex.com

Request the NDA & address

This one is off-market. We disclose the address and the brochure after NDA — that is how we protect our sellers.

Or call Joseph directly — 586-331-6211

Call Get Deals Offerings