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Glen Rose Apartments 18250 Weaver St

40 Unit Block of Flats £1,957,467 (£48,937/Unit) Detroit, MI 48228

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Executive Summary

40 Units, Top notch renovated using the best material! Big Fenced parking is a plus. Don't miss the Opportunity! Completely Rehab, brand new electric, plumbing, newer roof.

Property Facts

Price	£1,957,467	Lot Size	0.89 AC
Price Per Unit	£48,937	Building Size	29,712 SF
Sale Type	Investment	Average Occupancy	62%
No. Units	40	Number of Floors	3
Property Type	Residential	Year Built/Renovated	1969/2024
Property Subtype	Apartment	Parking Ratio	1.35/1,000 SF
Apartment Style	Low Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C

Price	£1,957,467
Price Per Unit	£48,937
Sale Type	Investment
No. Units	40
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.89 AC
Building Size	29,712 SF
Average Occupancy	62%
Number of Floors	3
Year Built/Renovated	1969/2024
Parking Ratio	1.35/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Mix Information

Description	No. Units	Avg. Rent.Mo	SF
Studios	8	-	600
1+1	29	-	800
2+1	3	-	1,200

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PROPERTY TAXES

Parcel Number	22-06825-561	Improvements Assessment	£0
Land Assessment	£0	Total Assessment	£471,155

PROPERTY TAXES

Parcel Number

22-06825-561

Land Assessment

£0

Improvements Assessment

£0

Total Assessment

£471,155

zoning

Zoning Code	Residential
Residential

Listing ID: 34060201
Date on Market: 03/12/2024
Last Updated:
Address: 18250 Weaver St, Detroit, MI 48228

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18250 Weaver St, Detroit, MI for sale Building Photo- Image 1 of 8 — IMG_3409

18250 Weaver St, Detroit, MI for sale Building Photo- Image 2 of 8 — IMG_3414

18250 Weaver St, Detroit, MI for sale Building Photo- Image 3 of 8 — IMG_3415

18250 Weaver St, Detroit, MI for sale Building Photo- Image 4 of 8 — IMG_3424

18250 Weaver St, Detroit, MI for sale Building Photo- Image 5 of 8 — IMG_3423

18250 Weaver St, Detroit, MI for sale Building Photo- Image 6 of 8 — IMG_3435

18250 Weaver St, Detroit, MI for sale Building Photo- Image 7 of 8 — IMG_3433

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