9-Unit Brick Asset | East Detroit / Grosse Pointe Park Border

Acquire at a Detroit basis with immediate Grosse Pointe Park demand. Located on a prominent hard corner (Vernor Hwy & Ashland St), this durable 1925 brick building offers a mid-repositioning opportunity with reliable cash flow and clear upside.

Key Investment Highlights
Fully Occupied: Stable, turn-key income in place today (6 of 9 units are Section 8).

Prime Border Location: High visibility, strong traffic counts, and spillover demand from neighboring Grosse Pointe Park.

Value-Add Upside: Mid-repositioning asset with significant opportunity to mark rents to market on turnover.

Favorable Terms: Located in FEMA Flood Zone X (lower insurance costs, cleaner financing).

Strategic Access: Minutes from Mack Ave retail, Alter Rd, and Downtown Detroit.

East-side corridor assets this close to the Pointes move quickly.