Blackstone Apartments

Investment Overview

Presenting a prime investment opportunity for multifamily and low-rise/garden investors in Detroit, MI. This 19,500 square foot, 30-unit property was built in 1968 and is zoned B4, offering significant potential for the savvy investor. The property's ideal location and established infrastructure make it a compelling addition to any investment portfolio. With its advantageous features and strong appeal to the rental market, this property represents a promising opportunity in the thriving Detroit area.

Investment Highlights

• 30-unit multifamily apartment with an efficient one-bedroom unit mix.
• On-site parking and spacious site with approximately 0.42 acres.
• Immediate access to I-96 and Southfield Freeway (M-39), providing quick connectivity throughout Metro Detroit.
• Approximately 20 minutes from Downtown Detroit and major employment centers.
• Minutes from neighborhood shopping including Telecraft Shopping Center, Grand River Market Place, and Value Center.
• Near Rouge Park and Eliza Howell Park, offering extensive green space, walking trails, and recreational amenities.