Multifamily
Bethune Lofts
1800 W Bethune St, Detroit, MI 48206
Listing Price: $14,495,000
Cap Rate
6.66%
Number of Units
83
GRM
10.85
Occupancy
95.0%
Price/Unit
$174,639
Price/Gross SF
$278.89
Gross SF
51,974
Investment Overview
Excellent opportunity to own a newly redeveloped asset in Detroit.
Investment Highlights
- Newly redeveloped from the outside walls in.
- One block from Henry Ford Hospital which is undergoing a $2.2 billion expansion.
- Onsite Parking
Exclusively Listed By
Financing By
Listing Price: $14,495,000
Cap Rate
6.66%
Number of Units
83
GRM
10.85
Occupancy
95.0%
Price/Unit
$174,639
Price/Gross SF
$278.89
Gross SF
51,974
Investment Highlights
- Newly redeveloped from the outside walls in.
- One block from Henry Ford Hospital which is undergoing a $2.2 billion expansion.
- Onsite Parking
Investment Overview
Excellent opportunity to own a newly redeveloped asset in Detroit.
Exclusively Listed By
Financing By