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Imperial Manor House Apartments

164 Units | Detroit, MI

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Imperial Manor House Apartments - 164 Units

List Price: $8,700,000

Property Features & Highlights

  • High Occupancy
  • Pool
  • Assumable Loan at 5.95% Interest
  • 44 Month of Interest Only Remaining
  • $53,049 per Unit at 8.05% Cap Rate


Unit Updates & CapEx

  • Repaired All Roofs
  • Replaced Flooring in 25 Units
  • Replaced Appliances in 15 Units
  • Replaced Major Components of All Boilers
  • Concrete Repairs to All Sidewalks & 2nd Floor Landing at Building E
  • Parking Lot Restriped & Potholes Filled
  • Complete LED Lighting Upgrades for both Interior and Exterior
  • ADA Accessible Parking & Ramp to Leasing Office
  • Pool


Team

Nick Kirby

Nick Kirby

Managing Director
248.394.0000 x255