23720 Sibley Rd Brownstown twp, MI
$ 995,000
Property Attributes
  • ML#219074005
  • TypeMulti-Family
  • CountyWAYNE
  • CityBrownstown twp
  • AreaBrownstown
  • Zip48193
  • StyleUpper/Lower Apartment
  • Taxes7264
  • Price$ 995,000
  • Bedrooms72
  • Full Bathrooms48
  • Half Bathrooms0
  • Sqr Footage45000
  • Lot Size3.44 Acres
Listing Provided Courtesy Of:
The Holland Realty Group
Property Description

ATTN: INVESTORS - EXTREMELY RARE FIND - PROPOSED 48 UNIT APARTMENT DEVELOPMENT IN Brownstown Township. Prime location ! Preliminary design for an upscale apartment community of 48 unit (24) two bedroom and (24) one bedroom garden style apartment homes ranging from 800 - 1000 Sq Ft. Excellent opportunity for investor or developer. Located off telegraph Road with i75 Freeway access and minutes from shopping and entertainment. Prime location to major employment of Chevrolet Volt Battery Pack Assembly Plant. Hospitals, and R&D companies. All information including but not limited to gross revenue, number of units shall vary depending on the project planned. Owners are commercial/ residential builders they will consider building the units for the Buyer. See attached budget cost breakdown for development and construction, leasing, and final completion of the project. All reasonable offers considered

Price History
7/25/2019 Listed $1,200,000
10/14/2019 19% - $975,000

General Features

Cumulative Days on Market 129
Gross Scheduled Income 720000.00
Listing Agent Public Id 700256
Net Operating Income 610000.00
Originating MLS Realcomp II Ltd
Ownership Status Private Owned, Short Sale - No
Parcel Number 70009990015712
Property Type Multifamily
School District Woodhaven
Short Sale No
Status Active
Terms Offered Cash, Conventional
Total Sq Ft 45000
Transaction Type Sale
Year Built 9999
Zoning Commercial

Interior Features

Basement Type Unfinished
Basement Y/N Yes
Cooling Central Air
Full Baths 48
Heating Forced Air
Heating Fuel Natural Gas
Total Baths 48.00
Total Units 48
Unit Count 2

Exterior Features

Architecture Level 2 Story
Architecture Style Upper/Lower Apartment
Construction Materials Other
Foundation Basement
Foundation Materials Poured
Lot Size Area 3.44
Lot Size Dimensions 1 x 1
Sewer Sewer at Street
Water Source Water at Street


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

IDX provided courtesy of Realcomp II Ltd., via 4Houses Realty, LLC and The Originating MLS(found above), © 2019 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of December 5, 2019 11:31 PM. Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48193

AVG $1,000K
AVG $7,264
AVG 91
AVG 32
Data Provided by Walkscore ® not using MLS data

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