1408 Shadford Rd Listing Details & Market Data

Nestled in the vibrant heart of the city, this prime location offers an unparalleled blend of convenience and sophistication. Situated a mere 4-minute stroll from the prestigious University of Michigan's Central Campus, the property enjoys seamless access to academic pursuits, cultural hubs, and the dynamic pulse of urban life. Surrounded by a tapestry of green spaces, cafes, and boutiques, the neighborhood exudes a harmonious balance of academic energy and leisurely charm. Commuting is effortlessly facilitated with key thoroughfares and public transportation hubs in close proximity, enhancing connectivity to the broader cityscape. Aesthetic allure meets practicality, as this locale provides a captivating backdrop of architectural diversity and cultural richness. The immediate surroundings embrace a dynamic mix of students, professionals, and community members, fostering a vibrant atmosphere conducive to both work and play. Whether one seeks the intellectual stimulation of campus life or the vibrant offerings of city living, this location encapsulates the essence of a well-rounded and cosmopolitan lifestyle. In summary, residing here is an invitation to immerse oneself in the dynamic tapestry of academic, cultural, and urban experiences.Presenting a meticulously renovated 12-unit apartment building, strategically positioned within a 4-minute proximity to the University of Michigan's Central Campus. Comprising 8 thoughtfully designed 2-bedroom units and 4 discerningly crafted 3-bedroom residences, this property stands as a testament to refined living. Recent enhancements include the implementation of premium hardwood flooring, state-of-the-art stainless steel appliances, and comprehensive central air conditioning, ensuring a contemporary and sophisticated living experience. With a consistent 100% occupancy rate, the property's superior location, desirable unit composition, and high-end interior finishes forecast a stable 3-5% annual rent escalation in the foreseeable future. Fully furnished for tenant convenience, the property hosts a common area laundry facility on-site, complemented by a dedicated parking lot accommodating 13-14 vehicles. The provision for residents to individually cover utilities streamlines operational aspects.