177 Wilshire Dr Troy, MI 48084
- Apartment buildings
Current Use by Public Records
- ZEN City Center / Apartment Complex
Property Details for 177 Wilshire Dr
- Property type
- Apartment buildings
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1624
- Latitude
- 42.5643
