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Residential opportunity in Highland..Residential opportunity in Highland.. - 2

Residential opportunity in Highland..

Location United States › Michigan Date Added: 27.06.2015 at 13:50 Expiration Date: 27.06.2031 at 13:02 Page Views: 523 Listing ID 388056

Technical data

Size of Real Estate
80 m²

Description

Highland Park Residence is an exclusive release of studio, 1, 2 and 3 bedroom apartments being built for the new commuter population in this upcoming area. An amazing opportunity to own a brand new apartment in Highland Park just outside Detroit City and on the last stop of the new M1 Rail link connecting downtown Detroit to Highland Park along a 3.3 mile purpose built streetcar. Dowtown apartments cost over $200,000 for a similar property with rents over $2,000 per month. Payment terms are 25% now then 55% at completion in January 2016 with the remaining 20% paid over 2 years by guaranteed rental income.

*$40,740

* Brand new apartments
* Low entry payment terms
* 2 years guaranteed rent
* 12% annual return

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