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5701-5707 Woodward St 16 Unit Apartment Building £1,232,005 (£77,000/Unit) Wayne, MI 48184
EXECUTIVE SUMMARY
Rare opportunity to own two apartment buildings. This amazing investment consists of two separate apartment buildings. Building one is a brick two story, consisting of eight, two bedroom units, private patios with sliding doors, and with central laundry room with paid laundry that generates additional income. Building two consisting of eight one bedroom units, with central laundry room. A grand total of 16 apartment units. Private parking lot with assigned spaces. Seasoned and strong rent roll for both buildings with full occupancy. All units are rented at market value with great paying long term tenants. Most of the units have been recently updated. Large center common area for both units. Both buildings are fully city certified and ready for transfer.disturb tenants. Showings will be scheduled only upon accepted offer. BATVAI
PROPERTY FACTS
| Price | £1,232,005 | Costar Property Class | C |
| Price Per Unit | £77,000 | Total Plot Size | 0.29 ac |
| Sale Type | Investment | Property Size | 12,386 sq ft |
| No. Units | 16 | Average Occupancy | 100% |
| Property Type | Build-to-Rent | No. Floors | 2 |
| Property Subtype | Apartment | Year Built | 1966 |
| Apartment Style | Low-Rise | Parking Allocation | 1.94/1,000 sq ft |
| Use Class | Multi Family - Multi Family | ||
| Price | £1,232,005 |
| Price Per Unit | £77,000 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.29 ac |
| Property Size | 12,386 sq ft |
| Average Occupancy | 100% |
| No. Floors | 2 |
| Year Built | 1966 |
| Parking Allocation | 1.94/1,000 sq ft |
| Use Class | Multi Family - Multi Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| Studios | 16 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £0 | |
| Land Assessment | £0 | Total Assessment | £289,413 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£289,413
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5701-5707 Woodward St
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