
In this video, my wife and I tour a massive 26-unit apartment building that's listed for $550k that’s full of potential—but it needs some serious love. With an estimated $600,000 in renovations, this property is not for the faint of heart, but it could be a goldmine for the right investor. We walk you through some of the units in the building, pointing out what needs to be fixed, what we like about the layout, and how we think it could be transformed into a cash-flowing asset.
Whether you're new to real estate investing or you’ve been in the game for a while, this video gives you a raw, real look at what it’s like shopping for distressed multifamily properties in Detroit. We’re not sugarcoating anything—this place needs work—but that’s where the opportunity is. If you’re interested in commercial real estate deals in Detroit, this tour will give you insights into the market, renovation costs, and how to evaluate a big project like this.
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