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Imperial Manor House Apartments
164 Units | Detroit, MI
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
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