Colonial Manor Apartments | 49-Unit | 30,229 SF

For Sale

18045-18111 Lahser Road, Detroit, MI 48219

This Detroit property for sale is located at 18045-18111 Lahser Road. The current listed sale price for Colonial Manor Apartments | 49-Unit | 30,229 SF is $2,200,000. Colonial Manor Apartments | 49-Unit | 30,229 SF is situated on a lot that is 1.46 square feet in size.

Contacts

broker

Tony Fayne

broker

Simon Jonna

Property Details

  • Property Type Other
  • Property Size 30,299 SF
  • Lot Size 1.46 SF
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 60
  • Year Built 1963
  • Date Updated Nov 20, 2024

Colonial Manor Apartments is a 49-unit complex poised for growth. This value-add property features a mix of 1-3 bedroom units and over 60 parking spots. Projected to increase occupancy from 47% to 95% by 2025 and significantly boost net operating income, Colonial Manor offers a prime investment with high return potential in a thriving rental market.

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Getting around

  • 64/100

    Walk Score ®

  • 54/100

    Transit Score ®

  • 50/100

    Bike Score ®

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Location

  • City Detroit, MI
  • Neighborhood Redford
  • Zip Code 48219
  • Market Detroit

Points of Interest

  • CDM Transport LLC

    3.69 miles

  • Royal Oak

    7.36 miles

  • Dearborn

    7.98 miles

  • Smith's Creek Depot Station

    8.01 miles

  • Walnut Grove Station

    8.10 miles

  • Firestone Station

    8.16 miles

  • Troy

    9.08 miles

  • Sunoco

    0.43 miles

  • Meijer

    0.59 miles

  • Marathon

    0.74 miles

  • Valero

    0.80 miles

  • Citgo

    0.89 miles

  • 76

    0.96 miles

  • Mobil

    1.04 miles

  • Livonia, MI Supercharger

    4.64 miles

  • Ferndale Public Library

    6.94 miles

  • Tesla Supercharger

    7.37 miles

  • Parking Lot D

    1.80 miles

  • Vistor Parking Lot B

    1.80 miles

  • Parking Lot C

    1.81 miles

  • Vistor Parking Lot A

    1.83 miles

  • Parking Lot E

    1.88 miles

  • Parking Lot G

    1.97 miles

  • Parking Lot H

    3.55 miles

  • Parking Lot A

    3.64 miles

  • Riviera Motel Detroit

    0.54 miles

  • Inn America

    2.28 miles

  • Plaza Hotel

    3.28 miles

  • Cranbrook Inn

    3.33 miles

  • Royal Budget Inn

    3.41 miles

  • Park Drive Motel

    3.42 miles

  • Comfort Suites

    3.59 miles

  • Hilltop Motel

    3.74 miles

  • Holiday Inn Express & Suites Southfield

    3.75 miles

  • The Westin Southfield Detroit

    3.86 miles

  • Old Redford Food Center

    0.39 miles

  • Meijer

    0.68 miles

  • International African Grocery

    0.97 miles

  • Apollo Market

    1.09 miles

  • Glory Super Market

    1.10 miles

  • Mini Mart Supermarket

    1.45 miles

  • Evergreen Supply Company

    1.60 miles

  • Save-A-Lot

    1.61 miles

  • Redford Oaks

    1.83 miles

  • Royal Fresh Market

    2.19 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Colonial Manor Apartments | 49-Unit | 30,229 SF