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101129 . 41 Home SFR Detroit, MI - Availability Details
101129 . 41 Home SFR Detroit, MI, Detroit, MI 84225
- For Sale $8,500,000
- Property Type Multi-Family
- Property Size 48,459 SF
- Lot Size 7.36 Acre
- Year Built 1960
- Date Updated Jul 29, 2022
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Location
- Walk Score ® Walker's Paradise (98)
- Transit Score ® Excellent Transit (85)
- Bike Score ® Bikeable (64)
- City Detroit, MI
- Neighborhood Downtown Detroit
- Zip Code 84225
- Market Detroit
Points of Interest
Campus Martius
0.09 miles
Congress Street
0.11 miles
Campus Martius
0.12 miles
Cadillac Center
0.16 miles
Financial District
0.20 miles
Millender Center
0.21 miles
Bricktown
0.27 miles
Greektown
0.28 miles
Fort/Cass
0.31 miles
Broadway
0.31 miles
Mobil
0.36 miles
Beaubien Place Garage
0.43 miles
Speedway
0.47 miles
Bedrock Kahn Garage
0.53 miles
Bedrock John R 1
0.91 miles
Marathon
0.95 miles
Mobil
1.04 miles
Bedrock Corktown
1.15 miles
Marathon
1.23 miles
Bedrock QLDC 2
1.26 miles
Ally Detroit Center Garage
0.11 miles
Two Detroit Center Garage
0.13 miles
1001 Woodward Garage
0.13 miles
One Campus Martius Garage
0.15 miles
Financial District Garage
0.16 miles
Griswold/Larned Garage
0.17 miles
Griswold Capitol Park
0.18 miles
Greektown Garage
0.19 miles
Ford Underground Parking
0.21 miles
Brush & Congress Lot
0.22 miles
Courtyard by Marriott Detroit Downtown
0.22 miles
Courtyard
0.23 miles
The Westin Book Cadillac Detroit
0.23 miles
Atheneum Suite Hotel
0.24 miles
Shinola Hotel
0.24 miles
Hotel Indigo Detroit Downtown
0.24 miles
Detroit Foundation Hotel
0.25 miles
Crowne Plaza Detroit Downtown Riverfront
0.26 miles
Hilton Garden Inn Detroit Downtown
0.31 miles
Detroit Marriott at the Renaissance Center
0.35 miles
City Market Detroit
0.19 miles
Rivertown Market
0.69 miles
Amori's Marketplace
0.73 miles
Gratiot Central Market
0.99 miles
Whole Foods Market
1.31 miles
Family Fair Marketplace
1.32 miles
Gordon Food Service
1.43 miles
Honey Bee Market La Colmena
1.63 miles
Algo Especial Super Market
1.73 miles
Harbortown Market
1.93 miles
Contacts

Thomas C. Johnston
SVN | SFRhub Advisors
(602) 403-3695
Highlights
- All 41 homes are single family detached
- Asset mix offers two-, three- and fourbedroom floor plans
- All homes are fully remodeled and in practically brand-new condition
- Currently, 100% occupied with fully qualified tenants
- Little to no Cap-Ex or R&M with fully renovated portfolio
- Value add opportunity as rents are below market
- Stabilized Year 1 Gross Yield 9.97%
- Stabilized Year 1 Cap Rate of 6.31%
- Year 1 NOI at stabilization $536,758
- Rents in Detroit have increased by 15% yearover-year
- Over the past 3 years rents in Detroit have grown by 35%
- Renter-occupied households in Detroit account for 44% of the total occupied housing units in the metropolitan area
- All SVN® Offices Independently Owned & Operated
- Local Broker License Information: www.SFRhub.com/realstatelicensing
Frequently Asked Questions
What year was 101129 . 41 Home SFR Detroit, MI built and finished?
101129 . 41 Home SFR Detroit, MI was completed in 1960.
Contact Listing Broker

Thomas C. Johnston
SVN | SFRhub Advisors
(602) 403-3695