Sandstone Apartments | 15339 Greenfield Rd
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Sandstone Apartments 15339 Greenfield Rd
16 Unit Apartment Building $575,000 ($35,938/Unit) Detroit, MI 48227
Executive Summary
-16 one-bed / one-bath units
-Same owner for over 20 years
-Value-ad opportunity with rents below market rates
-Same owner for over 20 years
-Value-ad opportunity with rents below market rates
Property Facts Under Contract
| Price | $575,000 | Building Class | C |
| Price Per Unit | $35,938 | Lot Size | 0.29 AC |
| Sale Type | Investment | Building Size | 14,132 SF |
| No. Units | 16 | Average Occupancy | 92% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1965 |
| Apartment Style | Low Rise |
| Price | $575,000 |
| Price Per Unit | $35,938 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 14,132 SF |
| Average Occupancy | 92% |
| No. Stories | 3 |
| Year Built | 1965 |
Unit Amenities
- Heating
- Oven
- Range
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | - | 500 |
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PROPERTY TAXES
| Parcel Number | 22-050851 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $259,500 |
PROPERTY TAXES
Parcel Number
22-050851
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$259,500
zoning
| Zoning Code | C, Detroit |
| C, Detroit |
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Sandstone Apartments | 15339 Greenfield Rd
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