Active For Sale MultifamilyInvestment

22844 Normandy Ave

22844 Normandy Ave, Eastpointe, MI, 48021

ID 1c338596

Overview

• 7 stabilized single-family rental homes located across Eastpointe, Harper Woods, Warren, and Detroit within the Metro Detroit MSA• Offered at $121,428 per unit with an attractive basis relative to replacement cost• 7,662± total rentable square feet consisting exclusively of desirable 3-bedroom homes• Six occupied and one vacant unit, offering near-term upside through lease-up• Strong rental demand locations supported by affordable housing fundamentals in Metro Detroit• Rare opportunity to acquire scale in a single transaction with operational efficiency advantages• Priced below replacement cost

Additional Information

City
Eastpointe
State
MI
Zip Code
48021
Primary Uses
Multifamily, Investment
Zoning
R-1
Zoning Description
Low Density Residential
Building Name
7 Single Family Rental Properties