33614 Grand River Ave

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33614 Grand River Ave

Farmington, MI 48335
Asking Price
$675K
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B

What's Special

Multifamily <ul><li>​Established Oakland County suburb located approximately 20 miles northwest of downtown Detroit.</li><li>​Walkable downtown core along Grand River Avenue serving as the community's primary retail, office and civic corridor.</li><li>​Recent growth in new and repositioned retail, restaurants, and service-oriented tenants, contributing to an increasingly active street-level environment.</li><li>​Ongoing reinvestment supported by the Downtown Development Authority and corridor planning initi

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NOI
$80,000
Cap Rate
11.85%
DSCR
2.00
Strong
Cash-on-Cash
19.72%
Monthly Payment
$3,339.532
Annual Cash Flow
$39,925.62

Location & Travel Times