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For Sale

Garden City Apartments

30546 Krauter St,
Garden City, MI 48135

Asset Snapshot

1977
Year Built
2
Floor Count
1
Building Count
13 Units
Unit Count
0 SF
Average Unit Size
10,588 SF
Property Size

Offering Summary

Investment Overview

Multifamily Investment Opportunity in Garden City, MI. Located at 30468-30546 Krauter Avenue, features a fully occupied 13-unit complex covering 10,588 sq. ft. on a 0.63-acre lot, offered at $1,672,501 with a 7.00% cap rate. Ideal for investors seeking solid returns in well-established residential area with strong community ties and easy access to Detroit’s amenities.


Investment Highlights

  • 13-Unit
  • 100% Occupied
  • NOI: $117,075.09 | 7.00% CAP Rate

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Listing Syndicated From

Buildout
For Sale
$1,672,501
Asking Price