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21516 Dequindre Rd
Warren, MI 48091 Southwest Warren

Price Upon Request

Apartments For Sale  •  388,675 SF

Property Details

  • Property Type Apartments
  • Total Building Size 388,675 SF
  • Lot Size 30.72 AC
  • Building Class C
  • Year Built 1969
  • Zoning MZ
0 Transit Score
66 Walk Score

Highlights

PRIME LOCATION IN A THRIVING MARKET Acquire a 479-unit multifamily property strategically positioned within the dynamic Detroit suburb market.
DESIRABLE UNIT MIX & AMENITIES The property features a well-balanced mix of one- and two-bedroom units with modern upgrades.
VALUE-ADD OPPORTUNITY WITH CONTINUED RENOVATIONS This well-maintained, two-story community on 30.72 acres presents significant value-add potential.
IMMEDIATE INCOME STREAM The property currently generates $454,350.81 in monthly income, providing investors with a strong in-place cash flow.
SIGNIFICANT RENTAL UPSIDE POTENTIAL Benefit from a projected 33% upside in rental income.
PROXIMITY TO MAJOR EMPLOYMENT & EDUCATION Located in Warren, a city with a diversified economy.

Property Flyers

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Cable Ready
  • Controlled Access
  • Dishwasher
  • Disposal
  • Fitness Center
  • Laundry Facilities
  • Playground
  • Pool
  • Property Manager on Site
  • Storage Space
  • Tenant Controlled HVAC
  • Washer/Dryer Hookup
  • Heating
  • Basketball Court
  • Laundry Service
  • Package Service
  • Renters Insurance Program
  • Walking/Biking Trails
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Bicycle Storage
  • Hearing Impaired Accessible
  • Maintenance on site
  • Multi Use Room
  • Online Services
  • Sundeck
  • Vision Impaired Accessible
  • Dining Room
  • Handrails
  • Recreation Room
  • Trash Compactor
  • Vinyl Flooring
  • Warming Drawer
  • Wheelchair Accessible (Rooms)
  • Window Coverings
  • Public Transportation
  • Individual Locking Bedrooms
  • Large Bedrooms
  • Private Bathroom

Public Transportation

Commuter RailDriveWalkDistance
12 min - 5.3 mi
13 min - 7.5 mi
AirportDriveWalkDistance
Windsor International 37 min - 19.4 mi
Detroit Metro Wayne County 42 min - 29.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 1001
Type: Surface
Included in Rent: Yes
Nicholas Shaba 248-721-4556 CMP Real Estate Group
Nicholas Shaba 248-721-4556 CMP Real Estate Group