USAMIDetroitRycraft Park (Plats)6015 Southfield Fwy
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$3,100,000

Sold

2 years ago

6015 Southfield Fwy, Detroit, MI

House

MLS® 20240063629

Buyer represented by an agent of Keller Williams Legacy

0 Bed

0 Bath

48380 sqft

1 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 48380 sqft
Garage Yes
Taxes $43,784
Lot Size 
Approx. Age 1965
Avg. Price Per Sqft $64
MLS® Number 20240063629

Property Address: 6015 Southfield Fwy, Detroit, MI, 48228-3878

Average square foot calculated using Size range provided by listing agent.

Description

SUBMIT YOUR HIGHEST &BEST OFFER! Seller will review ALL offers. Welcome to the Kirkwood House Apartments, a thriving 56-unit apartment complex located at 6015 Southfield Freeway in Detroit. This exceptional investment property offers a rare combination of high occupancy rates, strong cash flow, and tremendous upside potential. With 32 one-bedroom/one-bath and 24 two-bedroom/one-bath apartments, the Kirkwood House Apartments boasts an impressive 85% occupancy rate, ensuring a stable stream of income. The property's 8.5% cap rate guarantees strong returns on investment, making it an attractive opportunity for savvy investors. This property presents a rare chance to acquire a high-performing investment in a growing market. With its prime location, experienced management team, and potential for rent growth, the Kirkwood House Apartments is an investment opportunity not to be missed.
MLS® Number20240063629
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1965
Basement
DrivewayOne Car Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Oct 7, 2024End Date
$2,750,000Sold Price

Sold

Oct 3, 2024List Date
$3,100,000List Price
  • Commute

Commute

Starting Address
Destination Address
6015 Southfield Fwy, Detroit, MI

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