Media
Michigan Multi-Family Portfolio Sale
August 03, 2021
Two apartment properties in suburban Detroit are on the market as a value-added play.
The portfolio, totaling 712 units, has an estimated value of $120 million, or $169,000/unit. Marcus & Millichap’s IPA unit is representing the seller, a family developer that has owned the properties since it built them in 1987 and 1988.
