Short Remarks

BRICK 2 BED, 1 BATH HOME WITH A DETACHED 2 CAR GARAGE

REHABBED WITH NEW:

KITCHEN CABINETS, COUNTER TOP AND SINK
TILE KITCHEN FLOORING AND BACK SPLASH
BATHROOM VANITY, MIRROR AND TOILET
CARPET THROUGHOUT
LIGHTING THROUGHOUT
INTERIOR AND EXTERIOR PAINT
PLUMBING AND PLUMBING FIXTURES
ELECTRICAL FIXTURES AND ELECTRICAL SERVICE PANEL
VINYL WINDOWS AND BLINDS

HARDWOOD FLOORING

FULL BASEMENT WITH GLASS BLOCK WINDOWS INSTALLED

MANAGEMENT IN PLACE

Full Remarks

***In 2016 the New York Times named Detroit the “Comeback City”.  Multiple media outlets consistently rate Detroit in the top 10 best places to buy rental properties in the country and a 2016 CNBC Poll ranked Michigan in the “Top 10 Best Places to do Business”.  With record low pricing, record increases in rent premiums, and a resurging and diversifying job market, the perfect opportunity to buy low price and high yield properties was created. This city and its surrounding suburbs are on their way back up with the help of Fortune 500 companies and the government. In May 2015 General Motors announced the investment of $1 billion into their Detroit area technology park.  This investment is expected to bring 2900 new jobs to the area.  Detroit is an international city and with the construction of the new Gordy Howe bridge to Canada 10,000 new jobs will be created.  Values continue to rise as the investment world focuses attention on Detroit as a great area to buy and hold.  We have been investing in Detroit ever since the housing crisis and all we have seen is an increase in home prices and a higher demand for rental units throughout the years.  This is a great market and we believe it will only get better.