750 Chene StDetroit, MI 48207

For Sale
Call for price

202 Units, Stunning City Views, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
93
This twelve-story, 202-unit Class A apartment building, located at 750 Chene St, Detroit, MI 48207, offers a compelling value-add investment opportunity. Built in 1973 and extensively renovated in 2021, the property boasts 148,835 square feet of living space and 172 parking spaces. Residents enjoy resort-class amenities, including a 24/7 concierge, gated parking, and a range of social programming. The apartments feature brand-new, luxurious interiors with stainless steel and white finishes, custom designer touches, green-certified technology, balconies, and oversized windows offering panoramic views of the Detroit and Windsor skylines, Belle Isle, Grosse Pointe, and Lake St. Clair. Its prime location, just a mile north of Downtown Detroit, provides easy access to the riverfront, parks, Eastern Market, Midtown, The Aretha, medical centers, and cultural attractions. The property's high-rise design and upscale amenities cater to a desirable demographic, presenting a strong potential for rental income and appreciation. The fee-simple ownership structure provides complete control and flexibility for the investor. This is a rare opportunity to acquire a well-positioned, high-quality multifamily asset in a thriving urban market. The property's APN is 23031900.46N.

Highlights

  • Prime location: Walkable to Riverfront, parks, Downtown, Eastern Market, Midtown, The Aretha, medical centers, and cultural attractions.
  • Stunning city views: Panoramic views of the Detroit & Windsor skylines, Belle Isle, Grosse Pointe, and Lake St. Clair.
  • Luxury at an attainable price: Brand-new apartments and penthouses with resort-style amenities and smart technology.
  • Unparalleled security: 24/7 concierge, private gated parking, and convenient services.
  • Upscale interiors: Penthouse units and apartments feature stainless steel and white finishes, designer touches, green technology, balconies, and oversized windows.

Property Details for 750 Chene St

Property type
Multifamily properties, Apartment buildings
Square Feet
148,835 SF
Class
A
Year Built/Renovated
1973/2021
Stories
12
Units
202

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.340023996892
Longitude
-83.023798897048
750 Chene St, Detroit, Michigan

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750 Chene St
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