Property Listing No Longer Available for Sale

2721-2735 West McNichols Road

Detroit, MI

Multi-family for Sale - $269,000 - 21,864 Sq. Ft. on 0.58 acres


Property Info

CIMLS#212683
Location
  2721-2735 West McNichols Road
  Detroit MI 48221
UpdatedJune 6th, 2013
TypeMulti-family
Price$269,000
Building21,864 Sq. Ft.
Land0.58 acres

Property Description

Premier Property Services is pleased to announce the exclusive marketing of the University Greens Apartments located in Detroit, MI. University Greens Apartments offer a great opportunity to own a turn-key investment property in one of the most desirable Detroit neighborhoods. The property contains 22 professionally managed units, at approximately 900 SF/unit. Located near the Central Business District, Wayne State University, University of Detroit, private & public golf courses, bus lines, schools and churches. This community is in pristine condition with many interior and exterior capital improvements. The property, when operating at 95.4%, would have total occupied monthly rents of $12,630/mo., and total gross rents of $13,265/mo. All showings are by appointment only and must provide proof of financing, prior to access. Proof of Funds and a 10% deposit required on all offers, and is to be held by the title company of the Seller's choice. If you have any further questions or would like to set up a private visitation, please feel free to contact us at your convenience. Additional photos, information and tax records available upon request.


Financials