Stratford Village

Multi-Family for Sale
Catylist Listing ID: 30384578
Property Subtypes: Low-Rise/Garden
Building Status: Proposed
Number of Units: 140 Units
Building Size (RSF): 20,000 SF
Gross Building Area: See Agent
Gross Land Area: 12.90 SF
Sale Price: $750,000
Unit Price: $5,357.14 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/22/2021

Overview / Comments

• Proposed 140 Unit Multi-Family/Apartment Development
• Other uses permitted including residential and commercial
• Approved plan in 2015 ( Can be renewed)
• 7 (3 story) buildings l 20 units per building
• 1, 2 & 3 bedroom units
• 23 units @ 835 SF
• 19 units @ 1,119 SF
• 60 units @ 1,114 SF
• 8 units @ 1,382 SF
• 264 car parking

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Downriver South
Tax ID/APN: 70-030-99-0031-000
Zoning: B-1 / M-F
Property Located Between: North of King Road & East of Dix Toledo Road
Highway Access: Access off 1-75 and King Road
Total Number of Buildings: 7
Number of Stories: 3
Parking Type: Surface
Total Parking Spaces: 264
Zoning Description: B1- M-F
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,712 78,535 186,017
Median Age: 39.78 40.41 39.9
Households: 3,986 31,174 75,112
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