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Detroit, MI East Village

Price Upon Request

Multifamily For Sale

Property Details

  • Property Type Multifamily
47 Transit Score
69 Walk Score

Highlights

Ownership is in the process of obtaining a PILOT which not only solves for any tax exposure, it will actually reduce current taxes by ~$100K.  
New developments such as the Shepherd, Stanton Yards, and Collect, are attracting new renters and pushing demand in the immediate neighborhood.  
Both organic rent growth and rental premiums through strategic renovations will be possible for years to come.
Beztak took over management in October and has made significant strides as it relates to occupancy and collections.
Additional upside is available through the implementation of a RUBS program which will help offset the significant Utility Expenses.

Public Transportation

Commuter RailDriveWalkDistance
Windsor (Toronto - Windsor - VIA Rail) 18 min - 6.8 mi
Detroit (Wolverine - Amtrak) 15 min - 7.1 mi
AirportDriveWalkDistance
Windsor International 31 min - 12.7 mi
Detroit Metro Wayne County 41 min - 26.8 mi