Affordable housing complex sells in Detroit

Owner dumps tower apartments after 30-plus years
Published on Feb 25, 2004

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by CareyBot

Marcus & Millichap arranged the sale of River Towers Apartments, a 472-unit affordable housing multifamily community in Detroit, Mich. The value of the transaction was approximately $29 million. River Towers Apartments is located at 7800 E. Jefferson Ave. Originally constructed ...