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Garden-Style Multifamily Community
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9918 Allen Pointe Dr, Allen Park, MI 48101

32 two-story reinforced concrete apartment buildings with open and covered parking across 16.28 acres in Allen Park, MI.

Property SizeContact for details
Lot Size16.28 Acres
Days on Market122

Property Features for 9918 Allen Pointe Dr

General Information

Standard status Active
Lot size 16.28 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 112

Amenities

mature trees
manicured shrubs
large open green areas
covered parking

Building Details

Year Built 1968
Stories 2
Construction reinforced concrete
Tenancy Multi
Listing Agency: Global Real Estate Advisors (GREA)
Listed By: Cary Belovicz · License #MI 6502406329
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 5:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Global Real Estate Advisors (GREA)

Investment Insights

Based on property information with market context.

Allen Pointe Condominiums was constructed in 1968 as a 250-unit rental community and converted to for-sale condominiums in 2002, with 138 units sold. The current offering consists of 112 apartment homes in the city of Allen Park, a Downriver Detroit suburb in Wayne County, MI within the Detroit-Warren-Dearborn Metropolitan Statistical Area.

The property features 32 two-story apartment buildings of reinforced concrete construction, with partial vinyl panel siding and pitched composition shingle roofs. Ample open surface parking and covered parking are available for residents and guests.

The grounds are maintained with mature trees, manicured shrubs, and large open green areas throughout the community.

Key Highlights

  • 32 two‑story reinforced concrete apartment buildings on 16.28 acres in Allen Park, MI (Wayne County, part of the Detroit‑Warren‑Dearborn MSA)
  • Originally built in 1968 as a 250‑unit rental community; converted to condominiums in 2002 with 138 units sold
  • Converted to for‑sale condominiums; current offering includes 112 apartment homes

Property Analytics

Current Use

Allen Pointe Condominiums Apartment Complex

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

112
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

251
Businesses Nearby

Demographics for 48101, MI

28,664
Population
12,413
Households
2.3
Avg Household Size
41
Median Age
30%
College-Educated
94%
High-School Grad
7.0 sq mi
ZIP Area
4,095
Density / Sq Mi
$80,045
Median Household Income
$51,658
Median Earnings
$1,181
Median Rent
$174,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 32 two-story reinforced concrete apartment buildings with open and covered parking across 16.28 acres in Allen Park, MI.
Where is this apartment building located?
The property is located at 9918 Allen Pointe Dr Allen Park, MI.
What are key features of this property?
This property features: 32 two‑story reinforced concrete apartment buildings on 16.28 acres in Allen Park, MI (Wayne County, part of the Detroit‑Warren‑Dearborn MSA); Originally built in 1968 as a 250‑unit rental community; converted to condominiums in 2002 with 138 units sold; Converted to for‑sale condominiums; current offering includes 112 apartment homes
More about this property
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