Garden City Apartments

30546 Krauter St Garden City, MI 48135

Garden City
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,672,501
Last Verified:
Jun 05, 2025

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Highlights

  • 13-Unit
  • 100% Occupied
  • NOI: $117,075.09 | 7.00% CAP Rate

Description

Multifamily Investment Opportunity in Garden City, MI. Located at 30468-30546 Krauter Avenue, features a fully occupied 13-unit complex covering 10,588 sq. ft. on a 0.63-acre lot, offered at $1,672,501 with a 7.00% cap rate. Ideal for investors seeking solid returns in well-established residential area with strong community ties and easy access to Detroit’s amenities.

Garden City is a family-friendly suburb of Detroit, known for its close-knit community and accessible local amenities. With its parks, schools, and shopping centers, it offers a small-town atmosphere while being just a short drive from the urban conveniences of downtown Detroit.


Year Built: 1977
Building Size: 10588sq ft
Lot Size: 0.63 acres

Map of 30546 Krauter St, Garden City, MI, 48135

Presented by:
The Jonna Group

Request additional information
Simon Jonna


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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:

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