$995,000

23720 Sibley Rd

Brownstown twp MI, 48193

Description

ATTN: INVESTORS - EXTREMELY RARE FIND - PROPOSED 48 UNIT APARTMENT DEVELOPMENT IN Brownstown Township. Prime location ! Preliminary design for an upscale apartment community of 48 unit (24) two bedroom and (24) one bedroom garden style apartment homes ranging from 800 - 1000 Sq Ft. Excellent opportunity for investor or developer. Located off telegraph Road with i75 Freeway access and minutes from shopping and entertainment. Prime location to major employment of Chevrolet Volt Battery Pack Assembly Plant. Hospitals, and R&D companies. All information including but not limited to gross revenue, number of units shall vary depending on the project planned. Owners are commercial/ residential builders they will consider building the units for the Buyer. See attached budget cost breakdown for development and construction, leasing, and final completion of the project. All reasonable offers considered

Details

MLS#219074005
Sub-TypeResale
StatusActive
Year9999
Days On Site89

Features

SQ Feet45,000
Units2
Building(s)1

Market Activity 48193

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Area Information

StateMI
CountyWayne
CityBrownstown twp
Zip Code48193
AreaBrownstown (Nw)
Listing VS Median (in 48193)
Price:
$995,000
low | high
Med:
$199,450
100% of Average
SqFt:
45,000
low | high
Med:
752
100% of Average
$ / SqFt:
$22
low | high
Med:
$66
100% of Average
On Site:
89
low | high
Med:
250
35.6% of Average
Listing Updated: 10/21/2019
MLS Number: 219074005
Listing Provided By:
Tone Holland  of  The Holland Realty Group
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