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6015 SOUTHFIELD Freeway, Detroit, MI, 48228

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$3,100,000
86 Days On Site

6015 SOUTHFIELD Freeway
Detroit, MI 48228

For Sale|Commercial Sale|Pending
0
Beds
0
Full Baths
0
Partial Baths
48,380
SqFt
$64
/SqFt
1965
Built
Subdivision:
RYCRAFT PARK (PLATS)
County:
Wayne

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6015 SOUTHFIELD Freeway6015 SOUTHFIELD Freeway6015 SOUTHFIELD Freeway6015 SOUTHFIELD Freeway
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SUBMIT YOUR HIGHEST &BEST OFFER! Seller will review ALL offers. Welcome to the Kirkwood House Apartments, a thriving 56-unit apartment complex located at 6015 Southfield Freeway in Detroit. This exceptional investment property offers a rare combination of high occupancy rates, strong cash flow, and tremendous upside potential. With 32 one-bedroom/one-bath and 24 two-bedroom/one-bath apartments, the Kirkwood House Apartments boasts an impressive 85% occupancy rate, ensuring a stable stream of income. The property's 8.5% cap rate guarantees strong returns on investment, making it an attractive opportunity for savvy investors. This property presents a rare chance to acquire a high-performing investment in a growing market. With its prime location, experienced management team, and potential for rent growth, the Kirkwood House Apartments is an investment opportunity not to be missed.

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Listing Snapshot
Price 
$3,100,000
Days On Site 
86 Days
Bedrooms 
N/A
Inside Area (SqFt) 
48,380 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.6 Acres
Year Built 
1965
MLS® Number 
20240063629
Status 
Pending
Property Tax 
$43,784
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 days agoListing updated with changes from the MLS®
a week agoStatus changed to Pending
3 months agoListing first seen on site
General Features
Acres 
1.6
SqFt Total 
48380
Zoning 
Commercial,Multi-Family
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Exterior Features
Construction Details 
Brick
Frontage 
630
Community Features
MLS Area 
Det - Joy-Dbn Ht Grnfld-Limits
School District 
Detroit
Schools
School District
Detroit
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of New Way Realty Partners: 2484694300



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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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