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USAMIDetroitRycraft Park (Plats)6015 Southfield Fwy
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6015 Southfield Fwy, Detroit, MI

Real Estate

Sold

Listed price in listed location currency (USD).
$2,750,000
$3,100,000

000

MLS® 20240063629

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 48380 sqft
Garage Yes
Maintenance Fees 
Taxes $43,784
Approx. Age 1965
Avg. Price Per Sqft $64
MLS® Number 20240063629

Property Address: 6015 Southfield Fwy, Detroit, MI, 48228-3878

Average square foot calculated using Size range provided by listing agent.

Description

SUBMIT YOUR HIGHEST &BEST OFFER! Seller will review ALL offers. Welcome to the Kirkwood House Apartments, a thriving 56-unit apartment complex located at 6015 Southfield Freeway in Detroit. This exceptional investment property offers a rare combination of high occupancy rates, strong cash flow, and tremendous upside potential. With 32 one-bedroom/one-bath and 24 two-bedroom/one-bath apartments, the Kirkwood House Apartments boasts an impressive 85% occupancy rate, ensuring a stable stream of income. The property's 8.5% cap rate guarantees strong returns on investment, making it an attractive opportunity for savvy investors. This property presents a rare chance to acquire a high-performing investment in a growing market. With its prime location, experienced management team, and potential for rent growth, the Kirkwood House Apartments is an investment opportunity not to be missed.
MLS® Number20240063629
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1965
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

Oct 7, 2024End Date
$2,750,000Sold Price

Sold

Oct 3, 2024List Date
$3,100,000List Price
  • Commute

Commute

Starting Address
Destination Address
6015 Southfield Fwy, Detroit, MI

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