18401-18511 Joy Rd | Detroit, MI 48228
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18401-18511 Joy Rd
Detroit, MI 48228
Penrod Manor/Faust Manor Apartments · Multifamily Property For Sale
·
58 Units
INVESTMENT HIGHLIGHTS
- Tenant Paid Gas & Electric
- Below Market Rents
- Individual Entrances
- LAND CONTRACT PREFERRED
PROPERTY FACTS
| No. Units | 58 | Building Size | 48,651 SF |
| Property Type | Multifamily | Average Occupancy | 55% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1970 |
| Building Class | C | Parking Ratio | 0.96/1,000 SF |
| Lot Size | 0.48 AC | ||
| Zoning | B4 - Muli-family Residential | ||
| No. Units | 58 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.48 AC |
| Building Size | 48,651 SF |
| Average Occupancy | 55% |
| No. Stories | 3 |
| Year Built | 1970 |
| Parking Ratio | 0.96/1,000 SF |
| Zoning | B4 - Muli-family Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Renters Insurance Program
- Hearing Impaired Accessible
- Maintenance on site
- Vision Impaired Accessible
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 58 | - | 600 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $1,292,047 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,292,047
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