Location

EXECUTIVE SUMMARY:

REDFORD MANOR NORTH:
Redford Manor North (RMN) consists of 48 units located along Lahser Road just north of Seven Mile and east of Telegraph Road. This location provides residents easy access to local freeways like M-39 and I-96. RMN was built in 1965 and has been well maintained over the years. Amenities include gated off-street parking, laundry facilities, landlord-paid heat, and tenant-paid air conditioning. The heat at the property is supplied by a gas-fired hot-water baseboard boiler. Tenants are responsible for their own electricity, phone, internet, and cable.

The unit breakdown at RMN is comprised of 47 one-bedroom units that are approximately 560 sq.ft. and 1 two-bedroom unit that is approximately 845 sq.ft. Average rents for one-bedroom units are $698, or $1.25/sq.ft. and the two-bedroom is rented at $727, or 94¢/sq.ft. RMN is currently stabilized and performing exceedingly with a physical occupancy of 93.8%.

REDFORD MANOR SOUTH:
Located less than ½ mile south of Redford Manor North is Redford Manor South (RMS). RMS consists of 58 units and is also located along Lahser Road just south of Seven mile and east of Telegraph Road. As with RMN, residents of Redford Manor South enjoy easy access to local freeways and employment opportunities.

RMS was built in 1964 and is in exceptional condition for its age. Amenities include gated off-street parking, laundry facilities, landlord-paid heat, and tenant-paid air conditioning. The heat at RMS is supplied by a gas-fired hot-water baseboard boiler and tenants are responsible for their own electricity, phone, internet, and cable.

RMS is comprised of 51 one-bedroom units that are approximately 475 sq.ft. and 7 two-bedroom units that are approximately 800 sq.ft. Average rents are $738, or $1.55/sq.ft. for one-bedroom units, and $750, or 94¢/sq.ft. for two-bedroom units. RMS is currently performing exceptionally well with physical occupancy at 94.8%.

PREMIER APARTMENTS:
Adjacent to Redford Manor South is the Premier Apartments. Premier consists of 38 units also along Lahser Road, just south of Seven Mile and East of Telegraph. The property was built in 1984 and has been very well maintained over the years. Amenities include gated off-street parking, laundry facilities, landlord-paid heat, and tenant-paid air conditioning. The heat at Premier is supplied by a gas-fired hot-water baseboard boiler and tenants are responsible for their own electricity, phone, internet, and cable.

Premier is comprised of 33 one-bedroom units that are a massive 790 sq.ft. and 5 two-bedroom units that are approximately 920 sq.ft. Average rents are $783, or 99¢/v for one-bedroom units and $769, or 84¢/sq.ft. for two-bedroom units. Premier is currently performing exceptionally well as is evidenced by its physical occupancy of 94.7%.

MEET OUR TEAM

GregoryDCoulter

Founder | Managing Member, Michigan

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Jason Gardner

Partner | Associate Broker, Michigan

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Associate Broker, Michigan | Broker, Ohio

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J.J. Zwada

Associate Broker, Michigan | Managing Broker, Indiana

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Bruce Lister

Sales Associate Michigan and Ohio

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Joseph Crane

Sales Associate Michigan

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Paul McHugh

Sales Associate Michigan | Associate Broker 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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Sales Associate - Midwest

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