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Village of Hyde Park 2154 Hyde Park Rd 43 Unit Apartment Building For Sale Detroit, MI 48207
Investment Highlights
- Architecturally Significant Build
- Spacious Units - Majority Have Been Renovated
- Neighborhood Feel & Park-Like Setting + Close Proximity to Downtown Core
- Close Proximity to all Downtown Detroit Amenities & Activities
- Recent Developments to the City of Detroit
Executive Summary
Global Real Estate Advisors are pleased to present the exclusive offering of the Village of Hyde Park. The Village of Hyde Park is a distinctive collection of 43 architecturally significant, two-bedroom townhomes situated in Elmwood Park directly adjacent to Lafayette Park, Detroit's crown jewel of mid-century modern urban planning. Located just minutes from Detroit's Central Business District, Lafayette Park is the world's largest collection of buildings designed by Mies van der Rohe, representing a premier example of post-WWII Bauhaus urban renewal. Along with its strategic urban proximity, the Village of Hyde Park is a neighborhood positioned at the heart of Detroit's most transformative decade of revitalization.
For investors, the Village of Hyde Park offers an exceptional value proposition: a low-unit-count (including 29 updated units garnering a substantial rent premium), historically significant residential community within walking distance of three major sports venues, a rapidly developing downtown core anchored by billion-dollar projects, and a neighborhood whose architectural pedigree commands sustained premium valuations in an otherwise affordable market.
For investors, the Village of Hyde Park offers an exceptional value proposition: a low-unit-count (including 29 updated units garnering a substantial rent premium), historically significant residential community within walking distance of three major sports venues, a rapidly developing downtown core anchored by billion-dollar projects, and a neighborhood whose architectural pedigree commands sustained premium valuations in an otherwise affordable market.
Property Facts
| Sale Type | Investment | Lot Size | 2.52 AC |
| No. Units | 43 | Building Size | 45,354 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1985 |
| Apartment Style | Garden | Parking Ratio | 0.96/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | R6 | ||
| Sale Type | Investment |
| No. Units | 43 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.52 AC |
| Building Size | 45,354 SF |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 0.96/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R6 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Basement
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
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Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 09-000996 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,724,256 CAD |
Property Taxes
Parcel Number
09-000996
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,724,256 CAD
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Village of Hyde Park | 2154 Hyde Park Rd
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