Birmingham Luxury Lofts

400 South Old Woodward Ave Birmingham, MI 48009

FOR SALE
Property Type:
MultiFamily Apartments
Amount:
Please Call Broker for Price

Last Verified:
Sep 21, 2022

Highlights

  • 21-UNIT LUXURY APARTMENTS
  • + 2 COMMERCIAL SUITES
  • AFFLUENT DOWNTOWN BIRMINGHAM, MI
  • RARE TROPHY GENERATIONAL ASSET
  • CUSTOM BUILT IN 2021

Description

Trophy Generational Luxury Apartments w/ Commercial Suites for sale in Affluent Downtown Birmingham, Michigan.

Affluent Birmingham, MI

Building Size: 26777sq ft
Lot Size: 0.42 acres

Map of 400 South Old Woodward Ave , Birmingham, MI, 48009

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.