For Sale
Request a price1020-1060 Alter Rd Dearborn Heights, MI 48125
62-unit multifamily, high occupancy, strong NOI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 132
Highlights
- 62-unit multifamily property, fully renovated.
- Unit mix: 22 studios, 38 one-bedroom, and 2 two-bedroom units.
- Stable occupancy rates.
- Consistent rent growth.
- Adjacent to $45M Schaap Arts Center development.
- One block from Grosse Pointe Municipal Complex.
Property Details for 1020-1060 Alter Rd
- Property type
- Retail properties, Apartment buildings
- Square Feet
- 32,320 SF
- Year Built
- 1926
- Buildings
- 4
- Lot Size (sq. ft)
- 29,839 SF
- Units
- 62
Location Insight
- City
- Dearborn Heights
- County
- Wayne
- State
- Michigan
- Latitude
- 42.277306
- Longitude
- -83.2639812
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - 62-unit multifamily, high occupancy, strong NOI.
- Where is the retail property located?
- The property is located at 1020-1060 Alter Rd Dearborn Heights, MI.
- What are key features of this property?
- This property features: 62-unit multifamily property, fully renovated.; Unit mix: 22 studios, 38 one-bedroom, and 2 two-bedroom units.; Stable occupancy rates.
- How can I contact the broker?
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