New North Estates | 4434-4444 Trumbull St
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New North Estates 4434-4444 Trumbull St
28 Unit Apartment Building For Sale Detroit, MI 48208
Investment Highlights
- Highly desirable Detroit neighborhood-Woodbridge
- Upside through organic rent growth/continuation of renovation and lease-up
- Proximity to WSU and Detroit medical campus
- Recent successful tax appeal-minimal post-sale exposure
- Phenomenal physical condition
Executive Summary
• Tours can be scheduled upon request depending on site availability. Please reach out to Charley (charley.henneghan@berkadia.com), Kevin (kevin.dillon@berkadia.com), or Rick (Rick.Brace@berkadia.com ) to schedule a tour. Please do not contact property management or staff.
Property Facts
| Sale Type | Investment | Lot Size | 1.81 AC |
| No. Units | 28 | Building Size | 28,200 SF |
| Property Type | Multifamily | Average Occupancy | 86% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built/Renovated | 1990/2023 |
| Building Class | C | Parking Ratio | 1.38/1,000 SF |
| Sale Type | Investment |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.81 AC |
| Building Size | 28,200 SF |
| Average Occupancy | 86% |
| No. Stories | 2 |
| Year Built/Renovated | 1990/2023 |
| Parking Ratio | 1.38/1,000 SF |
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer
- Kitchen
- Refrigerator
- Stainless Steel Appliances
- Range
- Carpet
- Wheelchair Accessible (Rooms)
Site Amenities
- Playground
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 20 | $1,650 | 950 |
| 3+2 | 8 | $2,150 | 1,150 |
Walk Score ®
Very Walkable (82)
Bike Score ®
Biker's Paradise (100)
PROPERTY TAXES
| Parcel Number | 06-00594-754 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,220,600 |
PROPERTY TAXES
Parcel Number
06-00594-754
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,220,600
zoning
| Zoning Code | PD (Planned Development) |
| PD (Planned Development) |
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Rick Brace -
Michael McClafferty -
Berkadia Real Estate Advisors
1 of 11
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New North Estates | 4434-4444 Trumbull St
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