State Fair Apartments

State Fair Apartments
Sold | $2,150,000

Detroit, MI | Units: 64 | Price Per Unit: $33,593 | Avg Sq Ft: 513 | GRM: 5.06 | DSC: 1.83 | Year 1 ROI: 4.41% | Listing Agent: J.J. Zwada

Location

Executive Summary

State Fair is situated off Marx St. and E. State Fair just east of I-75 and west of the intersection of E. State Fair and Dequindre Rd. Perhaps the most attractive aspect of State Fair’s location is it’s less than 1½ miles from Amazon’s $400M, 842,000 sq.ft. fulfillment center that once completed will bring over 1,200 permanent jobs to the area.