750 Chene St Detroit, MI 48207

This twelve-story, 202-unit Class A apartment building, located at 750 Chene St, Detroit, MI 48207, offers a compelling value-add investment opportunity. Built in 1973 and extensively renovated in 2021, the property boasts 148,835 square feet of living space and 172 parking spaces. Residents enjoy resort-class amenities, including a 24/7 concierge, gated parking, and a range of social programming. The apartments feature brand-new, luxurious interiors with stainless steel and white finishes, custom designer touches, green-certified technology, balconies, and oversized windows offering panoramic views of the Detroit and Windsor skylines, Belle Isle, Grosse Pointe, and Lake St. Clair. Its prime location, just a mile north of Downtown Detroit, provides easy access to the riverfront, parks, Eastern Market, Midtown, The Aretha, medical centers, and cultural attractions. The property's high-rise design and upscale amenities cater to a desirable demographic, presenting a strong potential for rental income and appreciation. The fee-simple ownership structure provides complete control and flexibility for the investor. This is a rare opportunity to acquire a well-positioned, high-quality multifamily asset in a thriving urban market. The property's APN is 23031900.46N.