6-Unit Residential Portfolio Sale
1447 Albany St, Ferndale, MI, 48220
ID 6227162a
Overview
Forward Commercial Group (FCG) is pleased to present the opportunity to acquire a 100% leased, threeproperty residential portfolio comprising six units and approximately 4,502 square feet across strategically located across the highly sought-after Oakland County communities of Royal Oak and Ferndale. The portfolio provides immediate, stable cash flow, generating approximately $86,700 in current gross annual rent income. The assets also present a compelling value-add opportunity through below-market in-place rents, offering investors the ability to increase revenue over time while benefiting from continued neighborhood redevelopment, new residential construction, and sustained economic investment. The offering consists of two bungalow-style duplexes that are well positioned within established neighborhoods with strong longterm rental demand. Please do not disturb tenants.