Detroit, Michigan

Coronado Apartments

Coronado Apartments

.37 ACRES 4 STORIES 52,275 SQUARE FT 24 APARTMENTS

Location:

3751 Second Ave. Detroit, MI

Community:

Coronado Apartments offers apartments homes for low income families in midtown Detroit, including washers/dryers and full kitchens. The property is near a major bus route and is within minutes of downtown Detroit. The building was placed on the National Register of Historic Places in 1982.

Community Served:

24 Family Apartments All households at or below 50% AMI

Total project cost: $5,393,000 City of Detroit HOME Funds / CCNDC Brownfield Loan

Developer/Role:

Ginosko Development Company (2012-2013) Acquisition | Financing | Construction Oversight | Asset Management | Resident Engagement | Development Team Formation and Administration

Owner Entity:

Coronado Apartments II LDHA, LP

Development Team:

Ginosko Development Company | KMG Prestige, Inc. | Fusco, Schafer & Pappas, Inc. | Rohde Construction | Loomis