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City Club Apartments Lafayette Park 750 Chene St 202 Unit Apartment Building For Sale Detroit, MI 48207



INVESTMENT HIGHLIGHTS
- LOCATION: Walk, Bike, or Drive to Riverfront, Parks, Downtown, Eastern Market, Midtown, The Aretha, Medical Centers, & Culture.
- AFFORDABLE LUXURY: Brand New Apartments & Penthouses, Resort Class Amenities, & Advanced Technology.
- RENOVATED INTERIORS: Penthouse, Stainless & White Finishes, all Types Offering Comfortable & Luxurious Living with Custom Designer Touches, Green Cert
- HIGHRISE LIVING: Panoramic Views of Detroit & Windsor Skyline, Belle Isle, Grosse Pointe, & Lake St. Clair.
- SECURITY: 24/7 Concierge, Complimentary Private Gated Parking, Time Saving Services & Social Programming.
EXECUTIVE SUMMARY
Jonna Group is proud to offer this 202-unit Lafayette City Club Apartments that offer a unique blend of comfort, luxury, and convenience. Situated just a mile north of Downtown Detroit, this property presents an unparalleled opportunity for investors seeking a foothold in Detroit's multifamily market.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Sale Type | Investment | Building Size | 156,634 SF |
| No. Units | 202 | Average Occupancy | 80% |
| Property Type | Multifamily | No. Stories | 18 |
| Property Subtype | Apartment | Year Built/Renovated | 1974/2021 |
| Apartment Style | Hi-Rise | Parking Ratio | 1.1/1,000 SF |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 2.42 AC | ||
| Zoning | B4 - General or Specific Business District | ||
| Sale Type | Investment |
| No. Units | 202 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Hi-Rise |
| Building Class | B |
| Lot Size | 2.42 AC |
| Building Size | 156,634 SF |
| Average Occupancy | 80% |
| No. Stories | 18 |
| Year Built/Renovated | 1974/2021 |
| Parking Ratio | 1.1/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | B4 - General or Specific Business District |
AMENITIES
UNIT AMENITIES
- Balcony
- Refrigerator
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Smoke Free
- Warming Drawer
- Window Coverings
SITE AMENITIES
- Business Center
- Clubhouse
- Fitness Center
- Laundry Facilities
- Pool
- Property Manager on Site
- Gated
- Laundry Service
- Elevator
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 201 | - | 550 |
| 2+1 | 1 | - | 685 |
Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Number | 11-00012-534 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $592,056 CAD |
PROPERTY TAXES
Parcel Number
11-00012-534
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$592,056 CAD
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City Club Apartments Lafayette Park | 750 Chene St
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