Apartment Building / 6 Units

Redford, MI Wayne County

Asking Price: $649,900

Annual Revenue: $64,200

Commercial Real Estate: Multi-Family

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RE: Apartment Building / 6 Units
Contact: Armen Nazarian

Quick Facts

	Asking Price:	$649,900
	Annual Revenue:	$64,200
	Net Profit:	Not Disclosed
	Cash Flow:	$54,720
	Total Debt:	Not Disclosed
	FF&E:	Not Disclosed
	Real Estate:	$649,900
	Year Established:	1977
	Employees:	Not Disclosed
	BBN Listing #:	580352001
	Broker Reference #:	0445

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Business Overview:

This is a great opportunity to own a completely, renovated 6-unit Apartment Building in Redford, MI. Located on a busy road, owner completely stripped the interior down to the studs and completely renovated with all brand new units. New upgrades include Roof, Parking Lot, Egress Windows, Flooring, Instant Hot Water Tank’s, Deck, Lighting, Doors, New Appliances, Hard Wire Smoke Detectors & Carbon Dioxide Detectors, Plumbing, P-Tac AC/Heat Units and so much more. There are (3) Two Bedroom units and (3) Single Bedroom units. Tenant pays for electric. Great starter investment or add to your existing portfolio! This property will not last long! A must see/must have investment! Contact Armen Nazarian.

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Property Features and Assets:

Reason for Selling:

Downsizing Portfolio.

Additional Details:

The property is owned.
The owner is willing to train/assist the new owner.
This is not homebased business opportunity.
This is not a franchise resale opportunity

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