14800 E Vernor Hwy | Value-Add Multifamily — East Detroit / Grosse Pointe Park Border

Rare value-add multifamily opportunity on the Vernor corridor, minutes from Grosse Pointe Park. Acquire at a Detroit basis while tapping the rent stability and demand of one of metro Detroit's most established affluent border communities.
This 9 -unit brick building, originally built in 1925, anchors a hard corner at Vernor Hwy & Ashland St — strong visibility, high traffic counts, and the durable pre-war masonry construction that's costly to replicate today. The asset is mid-reposition under recent construction financing, giving investors a path to stabilized cash flow without starting cold.

Why buyers should move:
Detroit acquisition basis with Grosse Pointe Park demand spillover
Hard-corner site on a major east-side thoroughfare (MLS Area 05066)
units with significant rent upside to market on turnover
In-place income today, value-add upside tomorrow
FEMA Flood Zone X — outside the high-risk floodplain, lower insurance, cleaner financing
Strong access to Mack Ave retail, Alter Rd, and downtown Detroit

Detroit's east side is moving, and corridor-fronting multifamily this close to the Pointes doesn't last. Offering memorandum, rent roll, and financials available to qualified buyers on request.