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SFR Acqusition #16 8259 M. Street, Growth, Growth, Growth!

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Investment Summary for 8259 M. Street
Location Overview:
Situated in the Aviation Sub neighborhood of Detroit, this property is positioned near the vibrant Dearborn community. Just a 4-minute drive from the Islamic Center of Detroit (ICD), it offers convenient access to culturally rich amenities, including Middle Eastern landmarks such as Qahwah House coffee shop and Arabic bakeries. The Arabic community in this area demonstrates significant growth potential, enhancing the neighborhood’s appeal for equity growth compared to Detroit’s broader population demographics.
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SFR Acquisition #8: 20054 G. Street – Suburban Comforts Just Steps Away

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Acquisition Summary:

Property Detail: 3BR 1BA Brick Ranch
Acquisition Date: August 30, 2024
Acquisition Price: $45,000
Capital Expenditures (CapEx): $30,000
Potential Rent: $1,000
After Repair Value (ARV): 95,000 (conservative)

Some of the challenges that Detroit residents face are the lack of suburban comforts, such as access to good public schools and fresh food supermarkets. While the City of Detroit is nowhere near a food desert, the MTAM acquisitions team always looks for prime areas with better access to resident amenities.

This property is located near 8 Mile Road, just south of the Charter Township of Royal Oak.

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