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Buy&Hold (Multifamily): 188 Units - 888 Pallister St., Detroit, MI 48202 + UNAVAILABLE

Updated: Jan 20

Multifamily Investment Opportunity



188 Units - 82K/Door - CAP RATE 5%

Great opportunity to invest in an incredible value add property in the New Center area of the City of Detroit. Pallister Plaisance Apartments is a 12-story high rise, built in 1973 with 188 units. The property is located right off of M10 Lodge expressway. Conveniently located in the heart of Detroit near shopping, fine dining, museums, and so much more. Fantastic city views. Household utilities included with rent, laundry facilities on every floor, valet trash service and a workout room. Total Monthly Income: $1,719,074 and the Net Operating Income is $768,197.

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Property T-12

pallister T 12 9 2021 8 2022
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Rent Rolls

Rent_Roll 9 2022 Pallister
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Property Map

"Your #1 Source for Off Market Investment Properties, NATIONWIDE"


Work: 864-762-2509

All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. *Realtors add your fee on top*

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