35330 VAN BORN Road

DESCRIPTION

An exceptional investment opportunity that won't last long! Built in 2003, the Alexis Manor Apartments are a quality multifamily community with beautiful landscaping located on over 2 acres of desirable land. Boasting 2 buildings with 24 2-bedroom units totaling over 21,000 sq ft of rentable space, the Alexis Manor Apartments must be seen to be appreciated. Tenant paid gas & electric, carport and surface parking, basement storage, 10 cap rate and Section 8 approved, these units are an exceptional investment. The property contains an additional adjoining vacant lot which can be developed or split off and sold. Located in Wayne near Ford Motor Company's stamping plant, Detroit Medical Center and Henry Ford Health System, it's desirable location ensures the long-term viability and success of this picturesque property. Price includes 35330 & 35390 Van Born as well as adjacent vacant land. Taxes listed are total taxes for all properties