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18045 & 18111 Lahser Road
Address: 18045 & 18111 Lahser Road, Detroit, Michigan, US
Created date: March 19, 2024
Date last updated: March 21, 2024
- 30,229 SF building | 49-unit | Built 1963
- 9.21% CAP Rate | $276,241 NOI
- Zoned R3
- Significant Value-Add Potential through Strategic Upgrades and Management Efficiencies
- Diverse Unit Mix: A mix of 1, 2, & 3-bedroom units across two buildings, allowing for a diversified tenant base & flexibility in rental strategies
- Community and Accessibility: The property's urban location ensures convenient access to local amenities, employment centers, and transportation networks, promoting a high quality of living for residents.
Property Description
Introducing a prime opportunity for Multifamily/Low-Rise/Garden investors in the Detroit area. This property features a substantial 30,229 SF building with 49 units, offering an excellent investment potential.
Broker Details
Simon Jonna
Colliers Birmingham (MI) - Jonna Group 248-226-1610
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $3,000,000 |
| No. of Units: | 49 |
| Year Built: | 1963 |
| Lot Size: | 1.46 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $61,224 |
| Property Website | Click Here |
Address: 18045 & 18111 Lahser Road, Detroit, MI 48219, USA
Provided by: 
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