About Michigan Detroit Metropolitan Area

All our properties are located in the Michigan Detroit Metropolitan Area.

Around 15.9 million people visit Detroit Metropolitan annually, spending $4.8 billion

In May 2009 President Obama announced the US Government would be releasing funds of $419 million to create jobs and housing, of this $78 million is going to Michigan of which $13 million is to be spent in Detroit. The project is expected to create many jobs.

Detroit

Detroit is a major manufacturing centre, most notably as home to the big three automobile companies, General Motors, Ford and Chrysler. It is also home to the headquarters of IBM and Google.

Boeing Aircraft Corp have their primary maintainance facilities there as well as the headquarters for the US Army Tank Automotive and Armaments Command.

The city is an important centre for global trade, about 80,500 people work in downtown Detroit. There are about 4,000 factories in the area.

Downtown Detroit was named among the best big city neighbourhoods in which to retire by CNN Money Magazine

Detroit is truly a city of rythm and the home town to famous singers such as Aretha Franklin, Diana Ross and Eminem. Detroit also gave the world  music genres like Motown and Techno.

Not only does Detroit build cars and companies, but the sounds that revolutionised the world.

Detroit has some remarkable museums and architecture. There is everything from fresh water beaches to downhill and cross country skiing. There are wildlife preserves, coastal wetlands, marshes and 48 miles of the Detroit River and Western Lake Erie shoreline.

Ice Hockey, Baseball, American Football, its all here in abundance. The Red Wings winning the Stanley Cup in 2008. Detroit is also home to the one and only Joe Louis, world heavyweight champion for 11 years.

Throughout the year, Detroiters look forward to spectacular annual events such as Hydroplane races on the Detroit River, Grand Prix on Belle Isle, not to mention Jazz, Motown and Techno festivals.

It is only 1 mile from Detroit to Windsor in Ontario Canada.

Real Estate Market

Property prices in Detroit have hit rock bottom and we are now able to purchase properties at 75% less than 2 to 3 years ago, making Detroit the Number One Area for Investing for both outstanding Capital Growth for the future and Exceptional High Rental Yields immediately with long term tenants waiting to rent.

Rental Potential

The real estate market in Detroit is still going strong. Demand for rental homes have been increasing in recent months.

The sprawling industrial area is full of people. The rental demand is growing on an annual basis. Currently 45% of all Detroit properties are rented.

CNN Quote.......... 

The apartment and family homes market in Detroit performed well, occupancy and rent trends improved and we anticipate further progress within both sections.

So all in all a city in need of rental homes, a trouble free investment, with High Yields and good potential for capital growth.