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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.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.