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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

Multifamily

Bethune Lofts

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

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