248-978-5421
15 E Kirby St, Detroit, MI for Sale
Apartments - FOR SALE
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15 E Kirby St
Detroit, MI 48202


OVERVIEW

The Trophy, Mixed-Use Asset in the Heart of Midtown Detroit receives built-in foot traffic from 228 residential condominiums above, and vast frontage along Metro Detroit's marquee retail thoroughfare, Woodward Avenue. The diversified rent roll has varying lease expirations providing a stable occupancy outlook for prospective investor. The Park Shelton Shops include 70 deeded, covered parking spaces, one of the most-scarce amenities in the City of Detroit. The current ownership group has made several property upgrades.

FOR SALE DETAILS

PRICE

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# OF UNITS

228

CAP RATE

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% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park Shelton Building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

12

YEAR BUILT

1926

PARKING SPACES

264

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,370 SF

ZONING

B-4

APN/PARCEL ID

01-004235-004,01-0042356

ASK ABOUT THIS PROPERTY

Luke TimmisSignature AssociatesMore Info
248-978-5421

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Luke TimmisSignature AssociatesMore Info
248-978-5421

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