HIGHEST & BEST BY 2:00 PM ON MONDAY JANUARY 14TH! ATTENTION INVESTOR! The owner of this 7 unit apartment complex in Romulus is retiring after 20 years of ownership! It as a mix of 2 Three Bedroom units, 4 Two Bedroom units and a One Bedroom unit. All units are metered separately for gas and electric and the landlord pays for the water & sewer. This location is excellent, being under 2 miles from the new Amazon Fulfillment Center and under 5 miles from Detroit Metropolitan Airport. The projected Cap Rate is 17.12%. Don't miss out on this opportunity. Property is being sold is "AS IS" condition. DO NOT APPROACH THE TENANTS! All information is estimated and should be verified.
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Listing Courtesy ofVan Esley Real Estate Inc