1530 Pine StDetroit, MI 48216

This exceptional investment opportunity presents a brand-new, Class A multifamily development in Detroit, Michigan. Situated on a 2.1-acre lot at 1530 Pine St, 48216, this project comprises two buildings totaling 64,924 square feet and offering 42 luxury apartment units. Construction is slated for completion in 2024. The development features a mix of unit sizes designed to cater to a diverse range of renters. Specifically, there are sixteen two-car units averaging approximately 1,479 square feet each, and twenty-six one-car units averaging approximately 1,059 square feet each. A key feature is the inclusion of ground-level garages with each unit, providing convenient and secure parking for residents. This VA-approved development is ideally positioned within Wayne County, offering easy access to Detroit's vibrant city life and amenities. The property's size and unit configuration make it an attractive prospect for investors seeking a high-return, multi-tenant residential development in a rapidly growing market. The modern design and high-quality construction ensure a strong rental demand and long-term value appreciation. This is a rare chance to acquire a turnkey, fully approved multifamily development ready for immediate occupancy.