1408 Shadford Rd

For Sale

1408 Shadford Rd, Ann Arbor, MI 48104

This Ann Arbor property for sale is located at 1408 Shadford Rd. The current listed sale price for 1408 Shadford Rd is $4,500,000. 1408 Shadford Rd is situated on a lot that is 0.58 acre in size.

Contacts

broker

George Abro

Altitude Commercial Real Estate

(248) 781-8076

Property Details

  • Property Type Multi-Family
  • Property Size 12,710 SF
  • Units 12
  • Lot Size 0.58 Acre
  • Parking Spaces Avail. 14
  • Property Tenancy Multi-Tenant
  • Year Built 1960
  • Date Updated Jan 22, 2024
Nestled in the vibrant heart of the city, this prime location offers an unparalleled blend of convenience and sophistication. Situated a mere 4-minute stroll from the prestigious University of Michigan's Central Campus, the property enjoys seamless access to academic pursuits, cultural hubs, and the dynamic pulse of urban life. Surrounded by a tapestry of green spaces, cafes, and boutiques, the neighborhood exudes a harmonious balance of academic energy and leisurely charm. Commuting is effortlessly facilitated with key thoroughfares and public transportation hubs in close proximity, enhancing connectivity to the broader cityscape. Aesthetic allure meets practicality, as this locale provides a captivating backdrop of architectural diversity and cultural richness. The immediate surroundings embrace a dynamic mix of students, professionals, and community members, fostering a vibrant atmosphere conducive to both work and play. Whether one seeks the intellectual stimulation of campus life or the vibrant offerings of city living, this location encapsulates the essence of a well-rounded and cosmopolitan lifestyle. In summary, residing here is an invitation to immerse oneself in the dynamic tapestry of academic, cultural, and urban experiences.Presenting a meticulously renovated 12-unit apartment building, strategically positioned within a 4-minute proximity to the University of Michigan's Central Campus. Comprising 8 thoughtfully designed 2-bedroom units and 4 discerningly crafted 3-bedroom residences, this property stands as a testament to refined living. Recent enhancements include the implementation of premium hardwood flooring, state-of-the-art stainless steel appliances, and comprehensive central air conditioning, ensuring a contemporary and sophisticated living experience. With a consistent 100% occupancy rate, the property's superior location, desirable unit composition, and high-end interior finishes forecast a stable 3-5% annual rent escalation in the foreseeable future. Fully furnished for tenant convenience, the property hosts a common area laundry facility on-site, complemented by a dedicated parking lot accommodating 13-14 vehicles. The provision for residents to individually cover utilities streamlines operational aspects.

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Highlights

  • Fully Renovated Interior - Granite Countertops, Stainless Steel Appliances, Hardwood Flooring throughout
  • 4 Minutes Away from University of Michigan's Central Campus
  • Well Positioned for Consistent 3-5% Annual Rent Increases

Getting around

  • 80/100

    Walk Score ®

  • 47/100

    Transit Score ®

  • 88/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Ann Arbor, MI
  • Neighborhood Burns Park
  • Zip Code 48104
  • Market Detroit

Points of Interest

  • Ann Arbor

    1.94 miles

  • Circle K

    0.06 miles

  • Sunoco

    0.07 miles

  • Shell

    1.26 miles

  • Clark

    1.30 miles

  • Mobil

    1.49 miles

  • Mobil

    1.53 miles

  • BP

    1.57 miles

  • BP

    1.58 miles

  • Shell

    1.75 miles

  • BP

    1.78 miles

  • Glick

    0.59 miles

  • U-M Lot SC7 (Crisler Center)

    0.73 miles

  • U-M Lot SC20 (Athletics Campus Grey Lot)

    0.78 miles

  • Lot SC 16

    0.80 miles

  • U-M Lot SC6 (Crisler Center)

    0.81 miles

  • Hill Structure

    0.83 miles

  • U-M Lot SC5 (Crisler Center)

    0.88 miles

  • Forest Avenue parking structure

    0.89 miles

  • University of Michigan Lot S5

    0.92 miles

  • U-M Lot SC37 (Revelli Hall)

    0.95 miles

  • Stone Chalet Bed and Breakfast Inn

    0.62 miles

  • Library Bed and Breakfast

    0.92 miles

  • The University Inn Ann Arbor

    0.94 miles

  • Bell Tower Hotel

    1.34 miles

  • Holiday Inn & Suites

    1.37 miles

  • Extended Stay America

    1.40 miles

  • Cadgwith Too

    1.42 miles

  • Ann Arbor Bed and Breakfast

    1.44 miles

  • Courtyard Marriott

    1.45 miles

  • Fairfield Inn Marriott

    1.45 miles

  • Begreen, Inc.

    0.39 miles

  • By The Pound

    0.45 miles

  • Trader Joe's

    0.89 miles

  • Busch's Fresh Food Market

    1.22 miles

  • Target

    1.36 miles

  • Macy's

    1.61 miles

  • Whole Foods Market

    1.64 miles

  • Sears

    1.67 miles

  • Briarwood Mall

    1.71 miles

  • Whole Foods Market

    1.72 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

George Abro

Altitude Commercial Real Estate

(248) 781-8076