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Income Generating Multifamily Portfolio 2 Immeuble de logements Vente aux enchères en ligne Detroit, MI
Informations principales sur l'investissement
- Fee simple offering of two multifamily assets totaling 31,324 square feet on a 0.843-acre site within Detroit’s Chalmers Apartment community.
- 92% occupied, generating in-place income with remaining lease-up potential and opportunity to enhance operations and rental income.
- Functional unit mix of one- and two-bedroom units positioned to capture strong demand for affordable housing in the surrounding area.
- Public transit access via DDOT and SMART bus routes along Gratiot Avenue, with FAST service and connections to the QLINE corridor.
- Value-add opportunity with some in-place upgrades to interiors, mechanical systems, and security enhancements.
- Flexible execution strategy allowing investors to maintain cash flow or reposition the asset to capture higher-quality tenancy and rent growth.
Résumé analytique
Property tours are available on Monday, July 27th at 2:00 PM and Wednesday, August 19th at 12:00 PM. Please contact the listing broker for additional information or to schedule a tour.
14144 Corbett Street and 9441 Queen Street comprise a 42-unit, two-building multifamily portfolio totaling 31,324 square feet on a 0.843-acre site in Detroit, Michigan. The portfolio is currently 92% occupied, providing immediate in-place cash flow while offering meaningful value-add potential through lease-up, interior renovations, and operational enhancements.
The property consists of 13 two-bedroom units and 29 one-bedroom units, offering investors the opportunity to increase rental income through continued unit renovations, improved management, and strategic capital improvements. Located near the heavily traveled Woodward Avenue corridor and just north of Interstate 94, the portfolio benefits from convenient access to major employment centers, shopping, and neighborhood amenities, including East English Village, Morningside, and Grosse Pointe.
Positioned within minutes of Gratiot Avenue and Interstates 94 and 75, the property offers excellent regional connectivity throughout Detroit and the surrounding metropolitan area. Public transportation is readily available via DDOT and SMART bus routes along nearby Gratiot Avenue, including FAST service with convenient connections to the QLINE, providing direct access to Midtown and Downtown Detroit.
The surrounding submarket continues to demonstrate strong fundamentals for workforce housing. Within a three-mile radius, approximately 46% of households are renter-occupied, while 56% consist of one- and two-person households, supporting sustained demand for one- and two-bedroom apartment homes.
With stable in-place occupancy, proven rental demand, and significant opportunities to enhance operations and increase revenues, 14144 Corbett Street and 9441 Queen Street represent an attractive value-add multifamily investment in one of Detroit's established residential submarkets.
14144 Corbett Street and 9441 Queen Street comprise a 42-unit, two-building multifamily portfolio totaling 31,324 square feet on a 0.843-acre site in Detroit, Michigan. The portfolio is currently 92% occupied, providing immediate in-place cash flow while offering meaningful value-add potential through lease-up, interior renovations, and operational enhancements.
The property consists of 13 two-bedroom units and 29 one-bedroom units, offering investors the opportunity to increase rental income through continued unit renovations, improved management, and strategic capital improvements. Located near the heavily traveled Woodward Avenue corridor and just north of Interstate 94, the portfolio benefits from convenient access to major employment centers, shopping, and neighborhood amenities, including East English Village, Morningside, and Grosse Pointe.
Positioned within minutes of Gratiot Avenue and Interstates 94 and 75, the property offers excellent regional connectivity throughout Detroit and the surrounding metropolitan area. Public transportation is readily available via DDOT and SMART bus routes along nearby Gratiot Avenue, including FAST service with convenient connections to the QLINE, providing direct access to Midtown and Downtown Detroit.
The surrounding submarket continues to demonstrate strong fundamentals for workforce housing. Within a three-mile radius, approximately 46% of households are renter-occupied, while 56% consist of one- and two-person households, supporting sustained demand for one- and two-bedroom apartment homes.
With stable in-place occupancy, proven rental demand, and significant opportunities to enhance operations and increase revenues, 14144 Corbett Street and 9441 Queen Street represent an attractive value-add multifamily investment in one of Detroit's established residential submarkets.
Data room Cliquez ici pour accéder à
- Operating and Financials
- Purchase Agreement
Analyses du marché Cliquez ici pour accéder à
Informations sur l’immeuble
| Condition de vente | Vente aux enchères | Nb de biens | 2 |
| Type de propriété | Pleine propriété | Surface totale de l’immeuble | 6 217 m² |
| Type de vente | Investissement | Surface totale du terrain | 0,69 ha |
| Statut | Actif |
| Condition de vente | Vente aux enchères |
| Type de propriété | Pleine propriété |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 2 |
| Surface totale de l’immeuble | 6 217 m² |
| Surface totale du terrain | 0,69 ha |
Biens
| Nom du bien/adresse | Type de bien | Surface | Année de construction |
|---|---|---|---|
| 9441 Queen St, Detroit, MI 48213 | Immeuble residentiel | 3 161 m² | 1980 |
|
Chalmers Apartments
14414 Corbett St, Detroit, MI 48213 |
Immeuble residentiel | 3 056 m² | 1956 |
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Conseillers en vente
Conseillers en vente
Sloane Walsh, Associate
Sloane se concentre sur la vente et la location, principalement dans le centre-ville de Détroit et dans les quartiers environnants. La solide éthique professionnelle de Sloane et sa passion pour la ville font de lui un atout précieux pour l'équipe d'Avison Young.
Avant de rejoindre Avison Young, Sloane a fréquenté le Culverhouse College of Business de l'Université de l'Alabama. Sloane est originaire de Birmingham, dans le Michigan, et est diplômée du lycée Brother Rice.
Avant de rejoindre Avison Young, Sloane a fréquenté le Culverhouse College of Business de l'Université de l'Alabama. Sloane est originaire de Birmingham, dans le Michigan, et est diplômée du lycée Brother Rice.
Vincent Mazzola, Senior Associate
Vincent possède 10 ans d'expérience dans le domaine de l'immobilier commercial. Il est actuellement associé principal chez O'Connor Real Estate, spécialisé dans les ventes commerciales et la location.
À propos de la technologie des enchères
Les enchères de Ten-X reposent sur une technologie de pointe pour les transactions en ligne dans le secteur de l’immobilier d’entreprise, ayant généré un total de plus de 34 milliards de dollars de transactions. Grâce à l’utilisation de cette technologie avancée et d’informations sur les actifs en temps réel, Ten-X positionne au mieux vos annonces pour trouver l’acquéreur idéal. Avec un processus d’enchères très rapide, une due diligence complète et la vérification des acquéreurs, les transactions sont conclues deux fois plus vite et avec deux fois plus de fiabilité pour les brokers, les propriétaires et les investisseurs.
Lire plus
Contact pour les enchères
Taylor Cunningham
Contact
Licence du commissaire-priseur :
Ten-X, LLC Arlene Richardson RE Brkr 6505431586
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Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
Frais de transaction 3 %
Basés sur le montant de l’enchère gagnante
Frais de transaction minimaux
20 000 $ USD
Frais de transaction maximaux
300 000 $ USD
Exemple de calcul
Montant de l’enchère gagnante
5 000 000 $ USD
Frais de transaction
150 000 $ USD (3 %)
Prix d’achat total
5 150 000 $ USD
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Income Generating Multifamily Portfolio
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Présenté par
Income Generating Multifamily Portfolio
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