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    177 Wilshire Dr, Troy, MI 48084

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    AI-generated overview

    City Center Zen Apartments, located at 177 Wilshire Drive in Troy, Michigan, presents a compelling investment opportunity. This luxury apartment building boasts a remarkable 93% occupancy rate across its 286 units, showcasing strong demand in this desirable location. Situated in Oakland County, within a 5-mile radius boasting an average income exceeding $144,000, the property benefits from its proximity to I-75 and the Somerset Collection Mall, offering residents unparalleled convenience and access to upscale shopping and dining. The apartments themselves range from 431 to 2,727 square feet, with 14 distinct floor plans catering to a variety of lifestyles. Residents enjoy a tranquil atmosphere complemented by exceptional amenities, including a 7,000 square foot clubhouse, a resort-style pool, an outdoor firepit, and a state-of-the-art fitness center. Security is paramount, with 24-hour security personnel, on-site management, and electronic monitoring systems in place. This property represents a prime investment opportunity in a thriving Michigan market, offering a blend of luxury living and strong financial performance. The 48084 zip code further underscores the property's location within a high-demand area.

    Property profile
    Verified
    Property type Apartment buildings
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • ZEN City Center Apartment Complex
    Value estimations
    Realmo proprietary · 4 methods
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