Skip to main content

Multifamily

Beech Daly Portfolio

19150-19182 Beech Daly, Redford Charter Township, MI 48240

Listing Price: $900,000

Cap Rate
6.20%
Number of Units
11
Occupancy
90.9%
Price/Unit
$81,818

Investment Overview

Marcus & Millichap is pleased to present this unique three- building, 11-unit multifamily portfolio in Redford, Michigan. This property is perfect for the smaller investor! Recent capital improvements include: Roofs on all structures, new driveways, sidewalks and parking lots, new electrical service for all buildings, glass block windows (APT 19162), new mains to street for all structures, new water heater for all units, and new furnaces for both units in APT 19150 and for 19174-19182.

Investment Highlights

  • Opportunity for new management to pursue higher rents
  • Only a 20-minute drive to Downtown Detroit
  • Just under 25 minutes to DTW (Detroit Metro Airport)

Exclusively Listed By

Listing Price: $900,000

Cap Rate
6.20%
Number of Units
11
Occupancy
90.9%
Price/Unit
$81,818

Investment Highlights

  • Opportunity for new management to pursue higher rents
  • Only a 20-minute drive to Downtown Detroit
  • Just under 25 minutes to DTW (Detroit Metro Airport)

Investment Overview

Marcus & Millichap is pleased to present this unique three- building, 11-unit multifamily portfolio in Redford, Michigan. This property is perfect for the smaller investor! Recent capital improvements include: Roofs on all structures, new driveways, sidewalks and parking lots, new electrical service for all buildings, glass block windows (APT 19162), new mains to street for all structures, new water heater for all units, and new furnaces for both units in APT 19150 and for 19174-19182.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower