Garden City Apartments

30546 Krauter St, Garden City, MI 48135

Property Information

  • For Sale $1,672,501
  • Property Type Multi-Family
  • Property Size 10,588 SF
  • Units 13
  • Lot Size 0.63 Acre
  • Year Built 1977
  • Date Updated May 21, 2026

Description

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.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.

Highlights

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

Contacts

Simon Jonna

Colliers Birmingham (MI) - Jonna Group

Location

Contact Listing Broker
Simon Jonna

Colliers Birmingham (MI) - Jonna Group

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