14296 Glenwood St Detroit, MI 48205

This offering presents a six-property multifamily portfolio package, sold as a single transaction with no individual property sales considered. The portfolio includes one fully renovated, occupied property operating as a single-room rental configuration with 62 rentable beds, while the remaining five apartment buildings are vacant. One building is approximately 50% rehabilitated with electrical and plumbing work completed and approved. For the other vacant properties, exterior brick has been cleaned, and the buildings have been cleaned out, boarded, secured, and dried-in, establishing a foundation for renovation completion.

All properties are included in the same portfolio sale. The current owner/developer is located out of state and has elected to sell the entire package rather than manage remotely. The owner requires proof of funds prior to showings, and prospective buyers are asked to drive by the properties before requesting access.

For investors or developers seeking scale in one closing, this portfolio provides an in-place income component alongside multiple redevelopment opportunities across different building sizes and rehabilitation stages. The mixture of occupied performance at one asset and varying levels of renovation progress at the others may support a phased approach to completion and stabilization based on each building’s current condition.