19-Acre Redevelopment Site | R-1-P Zoning with Approved Multifamily Plan

312 Units Approved – Class-A Apartment Community Design

Projected NOI at Stabilization: $4.2 Million | 7.00 % Cap Rate | Value at Stabilization: $63.9 Million ($204K Per Unit)

Prime Warren Location

Strong Population Base of 345K+ Within 5 Miles | Robust Demographics: $76,877 Avg. HHI| 345,865 PPL w/in 5-Mile

Accessible Corridor – Proximity to I-696, I-75, and Major Employers

Investment Opportunity – High-Demand Metro Detroit Multifamily Submarket

Within 15 minutes or 6.2 miles from Detroit Mercy, McNichols. It is also near Oakland C.C., Royal Oak Campus and Marygrove College.

3127 Maple St

For Sale