Single Family Rental Portfolio | 72 Homes | 7.40% CAP Rate

For Sale

38 E Savannah St, Highland Park, MI 48203

This Highland Park property for sale is located at 38 E Savannah St. The current listed sale price for Single Family Rental Portfolio | 72 Homes | 7.40% CAP Rate is $6,600,000.

Contacts

broker
Simon Jonna
broker
Raymond Jonna
broker
Tony Fayne

Property Details

  • Property Type Other
  • Property Size 90,000 SF
  • Date Updated Apr 23, 2025

This 72-Unit Single Family Rental Portfolio features a 90,000 +/- square foot building comprised of 72 units, boasting an impressive 95% occupancy rate. Ideally positioned in the desirable Detroit and Highland Park areas, this multifamily/single family rental portfolio promises a steady stream of income with strong tenant retention. 

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Getting around

  • 42/100

    Walk Score ®

  • 51/100

    Transit Score ®

  • 49/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Highland Park, MI
  • Neighborhood State Fair - Nolan
  • Zip Code 48203
  • Market Detroit

Points of Interest

  • Grand Boulevard

    4.03 miles

  • Baltimore Street

    4.18 miles

  • Detroit

    4.24 miles

  • Amsterdam Street

    4.37 miles

  • CDM Transport LLC

    4.40 miles

  • Ferry Street

    4.76 miles

  • Royal Oak

    5.01 miles

  • Warren Avenue

    5.02 miles

  • Canfield Street

    5.42 miles

  • Mack Avenue

    5.83 miles

  • Citgo

    0.50 miles

  • BP

    0.56 miles

  • Marathon

    0.56 miles

  • Sunoco

    0.62 miles

  • Valero

    0.72 miles

  • Mobil

    0.91 miles

  • Tesla Supercharger

    1.62 miles

  • Ferndale Public Library

    2.90 miles

  • Detroit Pistons Performance Center

    4.45 miles

  • Wayne State University - Parking Structure #5

    4.87 miles

  • Chess Row

    0.61 miles

  • Student / Vistor Parking Lot F

    1.94 miles

  • Student Parking Lot H

    1.95 miles

  • Student Parking Lot I

    1.98 miles

  • Faculty / Staff Parking Lot H

    1.98 miles

  • Faculty / Staff Parking Lot E

    1.99 miles

  • Student / Vistor Parking Lot D

    2.07 miles

  • Faculty / Visitor Parking Lot C

    2.14 miles

  • Faculty / Staff Parking Lot A

    2.14 miles

  • Vistor Parking Lot B

    2.18 miles

  • Fontaine Motel

    0.40 miles

  • Hamtramck Hotel & Hostel

    2.65 miles

  • Mt. Elliott Motel

    3.19 miles

  • Veteran's Park Hotel

    3.50 miles

  • Hilton Veterinary Clinic of Ferndale

    3.55 miles

  • Baymont Ferndale/Royal Oak

    3.82 miles

  • Paris Hotel

    3.85 miles

  • Hotel St. Regis

    4.04 miles

  • America's Best Inn Warren Detroit

    4.07 miles

  • Rio Grand Motel

    4.55 miles

  • The Shops at Woodward Place

    1.06 miles

  • ALDI

    1.06 miles

  • Glory Supermarket

    1.19 miles

  • Meijer

    1.62 miles

  • Marshalls

    1.68 miles

  • Save-A-Lot

    1.75 miles

  • Imperial Supermarket

    1.77 miles

  • Savon Foods Supermarket

    2.03 miles

  • Mike's Fresh Market

    2.18 miles

  • Food Palace Supermarket

    2.40 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 Single Family Rental Portfolio | 72 Homes | 7.40% CAP Rate
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