- STRONG SUBURBAN LOCATION: Located in Warren, one of Metro Detroit’s most stable and densely populated suburbs, benefiting from proximity to major employers, retail corridors, and quick access to I-696 and I-75.
- PROVEN RENTAL DEMAND: Situated in a high-occupancy submarket with consistent renter demand driven by a strong blue-collar workforce and limited new multifamily construction.
- Value-add opportunity: Potential to enhance returns through unit renovations, rent increases to market rates, utility bill-backs (RUBS), and improved operational efficiencies.
- Stable in-place income: High occupancy and solid rent collections provide immediate cash flow with upside through strategic management.
- Recent capital improvements: New roof installed in 2024, providing long-term durability and minimizing near-term capital expenditure. All 17 electrical panels have been fully upgraded to meet current insurance and safety compliance standards, reducing risk and enhancing insurability.
- Proximity to Major retailers: Located ¼ mile away from major retailers including Walmart, Planet Fitness, ATI Physical Therapy, ULTA Beauty, Old Navy, Five Below and much more neighborhood retailers.
- Proximity to major employers: Located within a 3-mile radius of Henry Ford Hospital, Macomb Community College, Warren Technical Center, GM Tech Knowledge and Training Center and more.
- Ample parking: Designated parking space for each tenant plus additional parking for guests, a valuable amenity in this market.