Listing Agency: The Jonna Group at Colliers International r***@colliers.com Show Phone

Listed By: Simon Jonna · License #MI 6501357188

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 4:05PM

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Investment Insights

Based on property information with market context.

Alexandrine Square is a 30-unit apartment property in Detroit, Michigan. The asset carries LIHTC status and is located within an Opportunity Zone.

The property is situated at 667 W Alexandrine St in the Midtown Detroit area, with a 48201 ZIP code.

Key Highlights

• 30‑unit apartment property
• LIHTC status
• Located within an Opportunity Zone

Property Analytics

Property Profile

Current Use

Alexandrine Square Apartments Apartment Building

Suggested Use

Top Pick Kitchen & Bath Showroom HVAC Service Big Box & Wholesale Store Accounting Firm Nail Salon Barber Shop

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

30

Residential units

Location Intelligence

Trade Area within ½ mile

2,972

Businesses Nearby

Explore this area Business Placement

Demographics for 48201, MI

14,500

Population

9,900

Households

1.5

Avg Household Size

33

Median Age

37%

College-Educated

88%

High-School Grad

1.9 sq mi

ZIP Area

7,632

Density / Sq Mi

$24,392

Median Household Income

$36,835

Median Earnings

$841

Median Rent

$401,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Apartment property with LIHTC status in an Opportunity Zone.

Where is this apartment building located?

The property is located at 667 W Alexandrine St Detroit, MI.

What are key features of this property?

This property features: 30‑unit apartment property; LIHTC status; Located within an Opportunity Zone