Garden City Apartments
$1,550,000
30546 Krauter St, Garden City, MI 48135
For Sale
Multifamily
Garden Low Rise
Active
Last Updated: 09/14/2026
10,588 sqft
Building Size
0.63 acres
Lot Area
Details:
Building Size: 10,588 sqft
Lot Area: 0.63 acres
Units: 13
Year Built: 1977
Floors: 2
Highlights:
- 13-Unit
- 100% Occupied
- NOI: $120,000 | 8.43% CAP Rate
Description:
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.
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.
Documents:
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| Garden_City_Apts_30468-30546_Krauter_Ave__Garden_City__MI__2026_OM___1_.pdf |
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Location
