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24949 Mayfair Street
Flat Rock, MI 48134
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
24949 Mayfair Street, Flat Rock, MI 48134-2707 <ul><li>87-unit townhome community: well-maintained asset offering scale, operational efficiency, and consistent rental income</li><li>Across from ford motor company flat rock assembly plant | immediate I-75 access: prime location near a major employment hub with strong regional connectivity to Detroit and surrounding areas</li><li>Recent unit upgrades completed: numerous interior improvements over the past 12 months, enhancing tenant appeal and reducing near-term capital needs</li><li>Attra
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
