Building Details:
35951 Joy Rd is located in Westland, MI.
Multifamily development land priced at $6,129/unit. Well suited for senior housing and/or assisted living. Feasibility study on file showing 150-155 units. Possible tax incentives available through Wayne County TURBO program (after completion of construction). Strong demographics: 68,332 residents ages 55 and older within 5 mile ring; avg. HH income range is approx. $62,000 (1 mile) -$71,000 (5 miles). Close to regional retail amenities, major medical facilities and I-96 & I-275 freeways. Senior transportation is available. Owner will consider joint venture.
TERMS: Cash or new mortgage
SHOWING INSTRUCTIONS: Drive by, call LA
Request Property Information
Please describe your commercial real estate requirements. We’ll introduce you to local properties that match your criteria.