Catylist ID:
#30384578
| 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: | 8/29/2022 |
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 |
Attachments & Media
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 |
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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