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INVESTMENT HIGHLIGHTS
- Renovated in 2018
- Great location with convenient access to Downtown Detroit, Midtown, and all major freeways
- Hardwood flooring, ample lighting, generous closet space
EXECUTIVE SUMMARY
Nestled in Detroit’s historic New Center district, Virginia Park offers a rare blend of modern comfort and timeless charm. Built in 1966 and renovated in 2018, the property combines the character of classic Detroit architecture with the conveniences of contemporary living.
The community features 21 residences, 19 one-bedrooms averaging 650 square feet and 2 two-bedrooms averaging 750 square feet. Each designed with hardwood flooring, ample lighting, and generous closet space. Residents enjoy onsite laundry facilities and select units with balconies that provide inviting private outdoor retreats.
Virginia Park captures the essence of Detroit’s classic neighborhoods while keeping residents just minutes from the city’s cultural and entertainment landmarks—the Fisher Building, Motown Museum, Henry Ford Health Campus, and the vibrant Woodward Avenue corridor.
Its prime location offers convenient access to Downtown Detroit, Midtown, and all major freeways including I-75, M-10, and I-94, allowing residents to reach nearly any part of the metro area, including Detroit Metropolitan Airport, in under 25 minutes. Nearby cafés, restaurants, and local shops create a walkable, community-oriented environment, while access to public transit makes commuting effortless.
Residents are also within easy reach of Detroit’s entertainment scene, including the city’s three casinos, all four professional sports teams, and the anticipated addition of the professional soccer club, making this one of the most connected and exciting residential locations in the city.
For more information, visit the Virginia Park listing page at https://grea.com/properties/#/virginia-park
The community features 21 residences, 19 one-bedrooms averaging 650 square feet and 2 two-bedrooms averaging 750 square feet. Each designed with hardwood flooring, ample lighting, and generous closet space. Residents enjoy onsite laundry facilities and select units with balconies that provide inviting private outdoor retreats.
Virginia Park captures the essence of Detroit’s classic neighborhoods while keeping residents just minutes from the city’s cultural and entertainment landmarks—the Fisher Building, Motown Museum, Henry Ford Health Campus, and the vibrant Woodward Avenue corridor.
Its prime location offers convenient access to Downtown Detroit, Midtown, and all major freeways including I-75, M-10, and I-94, allowing residents to reach nearly any part of the metro area, including Detroit Metropolitan Airport, in under 25 minutes. Nearby cafés, restaurants, and local shops create a walkable, community-oriented environment, while access to public transit makes commuting effortless.
Residents are also within easy reach of Detroit’s entertainment scene, including the city’s three casinos, all four professional sports teams, and the anticipated addition of the professional soccer club, making this one of the most connected and exciting residential locations in the city.
For more information, visit the Virginia Park listing page at https://grea.com/properties/#/virginia-park
PROPERTY FACTS
| Sale Type | Investment | Building Size | 21,000 SF |
| No. Units | 21 | Average Occupancy | 90% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1966/2018 |
| Apartment Style | Low-Rise | Parking Ratio | 1.05/1,000 SF |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 0.37 AC | ||
| Zoning | R3-H | ||
| Sale Type | Investment |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.37 AC |
| Building Size | 21,000 SF |
| Average Occupancy | 90% |
| No. Stories | 3 |
| Year Built/Renovated | 1966/2018 |
| Parking Ratio | 1.05/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R3-H |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 19 | - | 650 |
1 1
Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 04-0019201 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $939,253 CAD |
PROPERTY TAXES
Parcel Number
04-0019201
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$939,253 CAD
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640-650 Virginia Park | 650 Virginia Park St
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