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    For Sale

    Newberry Square Apartments

    35240 West Michigan Avenue
    Wayne, Michigan 48184

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    For Sale

    Newberry Square Apartments

    35240 West Michigan Avenue
    Wayne, Michigan 48184

    - Property Information

    eCODE 178
    County: Wayne
    Property Type: Investment Sale, Multi-Family
    # Units: 64
    Occupancy Rate: 80%
    Sale Price: TBD by the Market
    Distressed: Yes
    Auction Property: Yes

    - Property Details

    Multi-Family Type: Mid Rise
    Occupancy Type: Multi Tenant
    Year Built: 2001
    # Acres: 1.05
    Zoning: B-5, Business Concentrated
    Parcel ID: 55-003-12-0002-301
    Completion Status: Existing

    - Additional Information

    • REO 64-unit multi-family
    • Newer 2001 construction
    • Rare value-add opportunity: In-Place rents ± $160 below current market levels
    • Located ± 2 miles east of Interstate 275, one of the busiest freeways in Michigan providing access to the entire metro Detroit area
    • Just ± 1 mile east of Ford Motor Company’s Wayne Assembly Plant
    • Tours by appointment only, tour dates will be posted on the Ten-X website
    • Asset to be sold at auction through July 12, 2017

    - For more information, contact:

    248.324.2000 Request a call