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Sterling Pointe 1166 N Macomb St

108 Unit Block of Flats £7,441,350 (£68,901/Unit) Monroe, MI 48162

Investment Highlights

  • Located right across from Arborwood Elementary.

Executive Summary

Multi-family property for sale, 93% occupied. Excellent investment opportunity with potential for value add.

Property Facts

Price £7,441,350
Price Per Unit £68,901
Sale Type Investment
No. Units 108
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 6.22 AC
Building Size 64,759 SF
Average Occupancy 93%
Number of Floors 3
Year Built 1971
Parking Ratio 2.31/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet

Site Amenities

  • Laundry Facilities
  • Picnic Area
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Lounge
  • Maintenance on site
  • Individual Leases Available

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 70 - 635
2+1 38 - 860

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-053-029-00
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,793,757
  • Listing ID: 33087394

  • Date on Market: 06/09/2024

  • Last Updated:

  • Address: 1166 N Macomb St, Monroe, MI 48162

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