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McNichols Apartments

16 Units | $880,000 | 10.25% Cap Rate

McNichols Apartments

2521 W. McNichols

Global Real Estate Advisors are pleased to present the exclusive offering of McNichols Apartments in Detroit, MI. Located across from Detroit Golf Club, in the nation’s Motor City, McNichols Apartments was originally constructed in 1952 with the building being renovated in 2021/2022. The property is a collection of 16 units consisting of 5 one-bedroom units, 8 two-bedroom units and 3 three-bedroom units. All the units have been renovated, which leaves a buyer with value-add potential through rent raises, a few light unit upgrades and implementing a RUBS program on the property.