Location

EXECUTIVE SUMMARY:

Colonial Gardens Apartments is well-located on Inkster Road just north of the busy intersection of Michigan Ave and Inkster Road. The 18-unit Colonial Gardens Apartments is situated on 0.719 acres and was built in 1965 and consists of 1 two-story apartment building. Colonial Gardens consists of a very attractive unit mix of three 525 Ft.² studio units and thirteen 575 Ft.² one-bedroom/one bathroom units and two 750 Ft.² two-bedroom/one bathroom units. Most units have a modern kitchen, equipped with refrigerator, stove, granite countertops, cherry cabinets, and ceramic tile. The bathrooms have new ceramic tile (floor to wall), new bathtubs & ceramic surrounds, cherry vanities and granite counters. The property also has a newer roof (complete tear-off), newer vinyl exterior trim, and many newer vinyl windows throughout. Notable for investors is the condition of this asset and the numerous upgrades it’s received. The favorable utility breakdown of this property includes tenant-paid, gas-forced air furnaces and tenant-paid electric. Water, sewer and trash at the property is the responsibility of the Landlord.

MEET OUR TEAM

GregoryDCoulter

Founder & Managing Member Michigan

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Jason Gardner

Associate Broker, Michigan

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J.J. Zwada

Associate Broker, Michigan | Managing Broker, Indiana

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A J Beachum

Associate Broker, Michigan | Broker, Ohio

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Bruce Lister

Sales Associate Michigan and Ohio

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John Teringo

Sales Associate Michigan and Ohio

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Joseph Crane

Sales Associate Michigan

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Paul McHugh

Sales Associate Michigan and Ohio

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Matt Seeley

Associate Broker, Michigan | Executive Assistant

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Sales Associate, Michigan | Broker, Indiana

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