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345 W Marshall St
Ferndale, MI 48220 Royal Oak

Price Upon Request

Apartments For Sale  •  3,850 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,850 SF
  • Lot Size 0.14 AC
  • Year Built 2024
  • Zoning RS
0 Transit Score
76 Walk Score

Highlights

Completed in June 2024, this property provides an opportunity for long-term cash flow with low capital expenditures expected to be required.
With an occupancy rate of approximately 95%, Ferndale’s rental market benefits from its proximity to affluent suburbs such as Royal Oak and Birmingham
Located just 1/2 mile from downtown Ferndale
15 minutes drive from - LCA, Detroit Mercy and Downtown Birmingham

Amenities

  • Laundry Facilities

Public Transportation

Commuter RailDriveWalkDistance
Royal Oak Amtrak (Wolverine - Amtrak) 7 min - 3.0 mi
Troy Amtrak Station (Wolverine - Amtrak) 17 min - 7.9 mi
AirportDriveWalkDistance
Windsor International 39 min - 20.6 mi
Detroit Metro Wayne County 44 min - 30.2 mi

Parking Details

Parking Available: Yes
Reserved: Yes
Spaces Provided: 5
Type: Reserved
Included in Rent: Yes
Michael McClafferty 248-972-7040 Berkadia Real Estate Advisors
Michael McClafferty 248-972-7040 Berkadia Real Estate Advisors