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229 Orleans St
Detroit, MI 48207
Orleans Landing · Multifamily Property For Sale
·
278 Units


INVESTMENT HIGHLIGHTS
- UNBEATABLE DOWNTOWN LOCATION
- SIGNIFICANT POTENTIAL UPSIDE
- LUXURY LIFESTYLE AMENITIES
- ATTRACTIVE ASSUMABLE HUD FINANCING
- THRIVING SUBMARKET MOMENTUM
- COMPELLING TAX INCENTIVES
PROPERTY FACTS
| Sale Type | Investment | Building Size | 244,000 SF |
| No. Units | 278 | Average Occupancy | 94% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2017 |
| Apartment Style | Garden | Parking Ratio | 1.59/1,000 SF |
| Building Class | A | Opportunity Zone |
Yes
|
| Lot Size | 8.57 AC | ||
| Zoning | SD-4 | ||
| Sale Type | Investment |
| No. Units | 278 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | A |
| Lot Size | 8.57 AC |
| Building Size | 244,000 SF |
| Average Occupancy | 94% |
| No. Stories | 3 |
| Year Built | 2017 |
| Parking Ratio | 1.59/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | SD-4 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Walk-In Closets
- Island Kitchen
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Clubhouse
- Fitness Center
- Property Manager on Site
- Waterfront
- Grill
- Package Service
- Recycling
- Wi-Fi
- Bicycle Storage
- Car Charging Station
- Lounge
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 206 | - | 661 - 1,233 |
| 2+2 | 42 | - | 987 - 1,154 |
| 2+2.5 | 30 | - | 1,514 - 1,544 |
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