Palmer Park Portfolio

1000 Whitmore Rd., Detroit, MI

GREA is pleased to present, in conjunction with Frank R. Simon, Court Appointed Receiver, the opportunity for buyers to purchase a large portfolio of apartment complexes in the historic Palmer Park district of downtown Detroit, Michigan, across from beautiful Palmer Park and in close proximately to Detroit Country Club. The portfolio is comprised of 14 apartment buildings originally built between 1924 to 1954 and are listed on the historic register and 2 parking lots. The apartment complex is ready for a purchaser with a new vision to reinvigorate the various buildings.

The apartment complex is across from beautiful Palmer Park and is 10 minutes from vibrant downtown Detroit. Combined, the 14 buildings have over 500,000 sq ft and 506 rental units, with certain occupied units including 1 to 2 bedrooms, a full bath, family room, refrigerator, range, and garbage disposal. The buildings have coin-operated laundry for their residents, with gas, heat and water included. The community where these buildings are located is working hard to establish itself with upcoming events and local happenings, which are all intended to draw more patronage and residents to the neighborhood. Local government is particularly engaged in revitalizing this area.

Various renovations are currently being completed at the apartment complex, to increase occupancy rates and improve overall tenancy for the residents. “Project Green Light” is one of the initiatives being established by local government to help residents be more secure and protected. Project Green Light utilizes a camera system around the exterior of the buildings, which is connected to the local police, so they can monitor the buildings to ensure the residents’ safety.

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Attachments

Contacts

broker

Nick Kirby

broker

Cary Belovicz

Location

Getting Around

  • Walk Score ®

    69/100 Somewhat Walkable

  • Transit Score ®

    49/100 Some Transit

  • Bike Score ®

    57/100 Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Palmer Park
  • Market Detroit

Points of Interest

  • Grand Boulevard

    3.87 miles

  • CDM Transport LLC

    3.89 miles

  • Baltimore Street

    4.01 miles

  • Amsterdam Street

    4.20 miles

  • Ferry Street

    4.61 miles

  • Warren Avenue

    4.85 miles

  • Canfield Street

    5.27 miles

  • Mack Avenue

    5.67 miles

  • Martin Luther King Junior Boulevard

    5.68 miles

  • Checker Cab #977

    5.76 miles

  • Citgo

    0.66 miles

  • BP

    0.89 miles

  • BP

    1.17 miles

  • Mobil

    1.24 miles

  • Marathon

    1.25 miles

  • Valero

    1.35 miles

  • Mobil

    1.39 miles

  • BP

    1.47 miles

  • Marathon

    1.53 miles

  • Citgo

    1.63 miles

  • Chess Row

    0.10 miles

  • Student Parking Lot H

    1.36 miles

  • Student / Vistor Parking Lot F

    1.37 miles

  • Student Parking Lot I

    1.39 miles

  • Faculty / Staff Parking Lot E

    1.39 miles

  • Faculty / Staff Parking Lot H

    1.40 miles

  • Student / Vistor Parking Lot D

    1.46 miles

  • Faculty / Visitor Parking Lot C

    1.54 miles

  • Faculty / Staff Parking Lot A

    1.56 miles

  • Vistor Parking Lot B

    1.58 miles

  • Fontaine Motel

    0.26 miles

  • Hamtramck Hotel & Hostel

    2.83 miles

  • Baymont by Wyndham Ferndale/Royal Oak

    3.59 miles

  • Veteran's Park Hotel

    3.61 miles

  • Mt. Elliott Motel

    3.74 miles

  • Hilton Veterinary Clinic of Ferndale

    3.84 miles

  • Hotel St. Regis

    3.86 miles

  • Rio Grand Motel

    4.15 miles

  • Town Motel

    4.20 miles

  • Pinkinn Motel

    4.61 miles

  • Parkside Coney Island

    0.30 miles

  • Dunkin'

    0.83 miles

  • Church's Texas Chicken

    0.84 miles

  • Captain Jay's Fish & Chicken

    0.95 miles

  • Julian's Coney Island

    0.98 miles

  • Red Hots Coney Island

    1.03 miles

  • Wendy's

    1.29 miles

  • KFC

    1.39 miles

  • Little Caesars

    1.43 miles

  • 3 Sisters Cafe

    1.46 miles

  • Detroit Police Academy

    0.25 miles

  • Saint John Vianney School

    0.55 miles

  • Liberty School

    0.55 miles

  • Muhammad University of Islam

    0.56 miles

  • Northpointe Academy

    0.61 miles

  • Highland Park Renaissance Academy Henry Ford Campus

    0.62 miles

  • George Washington Carver Academy

    0.87 miles

  • Greenfield Union School

    0.98 miles

  • Thurgood Marshall Elementary School

    1.31 miles

  • New Paradigm Glazer Academy

    1.42 miles

  • Green Garden Child Development Center

    2.19 miles

  • Nature's Playhouse

    2.82 miles

  • Sunnybrook Day Nursery

    3.22 miles

  • Angel Land Child & Parent Center

    3.45 miles

  • Henry Ford Kids Child Care Center

    3.49 miles

  • The Clifton Daycare and Development Center

    3.51 miles

  • Kingdom Care Learning Center

    4.27 miles

  • Hampton Church Child Care Center

    4.43 miles

  • Early Childhood Center

    4.69 miles

  • Creative Learning Children's College

    4.83 miles

Frequently Asked Questions

How much does Palmer Park Portfolio cost?

The sale price for Palmer Park Portfolio is available upon request. Contact the listing broker for more information.

What is the total square footage of Palmer Park Portfolio?

Palmer Park Portfolio totals 403,750 square feet.

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