Brownstones of Warren Investment
For Sale
Contact for pricing
29451 Hoover Rd, Warren, MI 48093
Eight townhomes built in 2020, fully leased, premium finishes.
Property SizeContact for details
Days on Market123
Property Features for 29451 Hoover Rd
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Aurora Realty Group
(586) 531-1982
Listed By:
Dan Walker · License #MI 6502387966
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 8 at 7:13AM
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 Aurora Realty Group
Investment Insights
Based on property information with market context.
This listing features eight townhomes known as the Brownstones of Warren, constructed in 2020. The properties are fully leased and feature premium finishes and garages. Located in Warren, Michigan, the townhomes are positioned close to major highways and amenities. The units are currently generating income with a long waiting list of prospective tenants. The property is intended as an investment opportunity.
Key Highlights
- 9%+ Cap Rate: High return on investment.
- Fully Leased with Waiting List: Enjoy immediate income and high tenant demand.
- All 8 Townhomes Included: A complete investment package.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
990
Businesses Nearby
Explore this area
Business Placement
Demographics for 48093, MI
24,780
Population
10,480
Households
2.4
Avg Household Size
43
Median Age
26%
College-Educated
91%
High-School Grad
5.9 sq mi
ZIP Area
4,200
Density / Sq Mi
$66,420
Median Household Income
$42,685
Median Earnings
$1,123
Median Rent
$197,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight townhomes built in 2020, fully leased, premium finishes.
Where is this apartment building located?
The property is located at 29451 Hoover Rd Warren, MI.
What are key features of this property?
This property features: 9%+ Cap Rate: High return on investment.; Fully Leased with Waiting List: Enjoy immediate income and high tenant demand.; All 8 Townhomes Included: A complete investment package.
