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Multifamily For Sale • 66,921 SF
| Fee simple offering of two multifamily assets totaling 31,324 square feet on a 0.843-acre site within Detroit’s Chalmers Apartment community. |
| Public transit access via DDOT and SMART bus routes along Gratiot Avenue, with FAST service and connections to the QLINE corridor. |
| 92% occupied, generating in-place income with remaining lease-up potential and opportunity to enhance operations and rental income. |
| Value-add opportunity with some in-place upgrades to interiors, mechanical systems, and security enhancements. |
| Functional unit mix of one- and two-bedroom units positioned to capture strong demand for affordable housing in the surrounding area. |
| Flexible execution strategy allowing investors to maintain cash flow or reposition the asset to capture higher-quality tenancy and rent growth. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 12 min | - | 6.9 mi | |
| Airport | Drive | Walk | Distance |
| Windsor International | 37 min | - | 18.3 mi |
| Detroit Metro Wayne County | 40 min | - | 27.8 mi |
Sloane Walsh
O'Connor Real Estate
Sloane Walsh
O'Connor Real Estate
