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NAILAH COMMONS ROWHOUSES

710 East Ferry St Detroit, MI 48202

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Overview

EXECUTIVE SUMMARY

Rare Investment Opportunity in Midtown Detroit’s Cultural Arts District – Nearly 100% Occupancy!

Introducing Nailah Commons Detroit’s most exciting investment opportunities—a meticulously maintained property in the heart of Midtown Detroit’s thriving Cultural Arts District. Just steps from the world-renowned Detroit Institute of Arts, University Prep, and the College for Creative Studies, this property stands at the crossroads of culture, academia, and economic growth.

Unmatched Investment Stability with Long-Term Tax Benefits

This development is among the first in Detroit to be accepted for the new PILOT program, ensuring stabilized property taxes for at least 15 years, with options to extend. The existing PA 210 tax abatement is in place providing substantial tax savings. Upon its expiration,the property has already been designated as eligable for the PILOT Program offering a significant financial advantage for investors seeking predictable long-term expenses.

Why Build When You Can Invest in Proven Success?

With construction costs at an all-time high, there’s no need to take on the uncertainty of new development. This newer construction property has been expertly maintained, offering immediate cash flow and a rare opportunity for sustained profitability.Investment

Highlights:- Nearly 100% occupancy, demonstrating strong tenant - in Detroit’s booming Midtown market.

- Assumable $7 million loan at 4.25% fixed interest over 15 years, with interest-only payments, ensuring maximum financial viability.

- A desirable mix of one- and two-bedroom units, each with 1.5 baths, thoughtfully designed for modern renters seeking comfort and convenience

.- Updated financials readily available, offering full transparency for investors to make informed decisions.A Secure, High-Value Investment in One of Detroit’s Most Coveted Locations

Midtown Detroit is experiencing unprecedented demand for quality housing, fueled by its dynamic cultural scene, strong educational institutions, and economic resurgence.Don’t miss the chance to capitalize on this rare opportunity—secure your stake in Detroit’s thriving real estate market today!https://drive.google.com/file/d/1zRcBmTpGqt7DJxiH1CsdtAzjpHZC7279/view?ts=658c6873https://www.nailahllc.com/

Don’t miss the chance to capitalize on this rare opportunity—secure your stake in Detroit’s thriving real estate market today!

https://www.nailahllc.com/

https://www.youtube.com/watch?v=m1T2Um7uqMQ

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For Sale

Multifamily

Secondary Uses: Low Rise

Sale Price
$11,000,000
Price Per SF
$276.1/SF
Building Size
39,844 SF
Acres
1.92 ac
Zoning
R5
Sale Terms
Assumable Debt available
Showing Instructions
Contact Broker
Building Class
A
Max Contiguous
39,844
Number of Buildings
8
Floors
3
Year Built
2017
Rentable SF
39,844
Submarket
Detroit - New Center
Nearest MSA
Detroit-Warren-Dearborn
Property Status
Existing
In Opportunity Zone
Yes
County
Wayne
Created
2023-02-07
Updated
2025-08-15
Listing ID
45cdc2b7
Parcel APN
03001537-40

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