Contacts
Ben Hubert
Ben Rosenzweig
Property Details
- Property Type Other
- Property Size 32,320 SF
- Lot Size 0.69 SF
- Year Built 1926
- Year Renovated 2023
- Date Updated Apr 23, 2024
The Bridge Apartments located at 1020-1060 Alter Rd in Detroit, Michigan on the border of Grosse Pointe Park. Built in 1926, the Property consists of four historic buildings located in an Opportunity Zone. The Bridge Apartments features an excellent location on the corner of Alter Rd and E Jefferson Ave, one of Detroit’s iconic streets spanning 6 miles from Downtown Detroit.
The Bridge Apartment benefits from its close proximity to several schools and churches, located across the street from Detroit Merit Charter Academy and just south of the St. Ambrose Church. Other nearby schools include J.E. Clark Preparatory Academy, David Aerospace Technical High School, Hamilton Academy, The James and Grace Lee Boggs School, Garvey Academy, and more.
Overall, the Bridge Apartments offers an investor an excellent opportunity to acquire a well-positioned value-add multi-family asset within a superb market with strong projected upside potential. Additionally, a future owner will benefit from the Property’s location within an opportunity zone, while also being positioned on the border of Grosse Pointe Park.
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Attachments
Getting around
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68/100
Walk Score ®
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44/100
Transit Score ®
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59/100
Bike Score ®
Location
- City Detroit, MI
- Neighborhood Grosse Pointe Park
- Zip Code 48215
- Market Detroit
Points of Interest
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Bricktown
5.95 miles
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Greektown
5.97 miles
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Renaissance Center
6.02 miles
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Millender Center
6.10 miles
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Cadillac Center
6.17 miles
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Broadway
6.21 miles
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Campus Martius
6.26 miles
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Congress Street
6.27 miles
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Grand Circus Park
6.28 miles
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Montcalm Street
6.28 miles
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Marathon
0.05 miles
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Mobil
0.06 miles
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Sunoco
0.26 miles
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Citgo
0.48 miles
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Marathon
0.96 miles
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BP
1.02 miles
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Sunoco
1.05 miles
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Exxon
1.09 miles
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Krausmann Service
1.43 miles
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Citgo
1.56 miles
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FCA Employee Parking
1.45 miles
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FCA Employee Parking
1.69 miles
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WCCC Eastern Campus Lot
2.79 miles
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Indycar Pit Parking
4.03 miles
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River Place Parking Garage
4.75 miles
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Eastern Market parking garage
5.48 miles
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Detroit Riverwalk Parking
5.62 miles
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Eastern Market Lot #8
5.62 miles
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River East Garage
5.71 miles
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D-2 Lot
5.75 miles
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Metro Lodge
2.12 miles
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Cabana Motel
2.71 miles
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Baymont by Wyndham Downtown Detroit
4.52 miles
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Roberts Riverwalk Hotel
4.70 miles
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Comfort Inn
5.19 miles
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JZ Motel & Suites
5.38 miles
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Rivertown Inn & Suites
5.62 miles
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Hollywood Casino at Greektown
5.85 miles
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Veteran's Park Hotel
5.86 miles
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Atheneum Suite Hotel
6.00 miles
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Sprout House
0.47 miles
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ALDI
0.89 miles
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Kroger
1.51 miles
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Trader Joe's
1.54 miles
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Parkway Foods
1.74 miles
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Save-A-Lot
1.89 miles
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Forman Mills
2.11 miles
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Thrifty Scot
2.81 miles
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Indian Village Market
3.01 miles
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Wonder Foods Supermarket
3.06 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.
