The Bridge Apartments is located at 1020-1060 Alter Rd in Detroit, Michigan on the border of Grosse Pointe Park. Built in 1926, the Property consists of four historic buildings located in an Opportunity Zone. The Bridge Apartments features an excellent location on the corner of Alter Rd and E Jefferson Ave, one of Detroit’s iconic streets spanning 6 miles from Downtown Detroit.

The Bridge Apartment benefits from its close proximity to several schools and churches, located across the street from Detroit Merit Charter Academy and just south of the St. Ambrose Church. Other nearby schools include J.E. Clark Preparatory Academy, David Aerospace Technical High School, Hamilton Academy, The James and Grace Lee Boggs School, Garvey Academy, and more.

Overall, the Bridge Apartments offers an investor an excellent opportunity to acquire a well-positioned value-add multi-family asset within a superb market with strong projected upside potential. Additionally, a future owner will benefit from the Property’s location within an opportunity zone, while also being positioned on the border of Grosse Pointe Park.

1020-1060 Alter Rd

For Sale