Creekside real estate opportunities highlighted at April 1 investor forum

Tonight (April 1) at 6 p.m., Creekside Community Development Corp. will host an investor forum to highlight real estate investment opportunities in the neighborhood. Amenities, like unparalleled access to the Detroit River, will be discussed, as will a new acquisition and rehab loan product that Shorebank Detroit has recently made available. Finally, individual properties that are currently for sale will be presented.

Sam Butler is Creekside's housing coordinator and says the event is intended to boost the already-considerable private investment the community has seen. "It is designed for someone who wants to buy a house," he says. "It could be a person who wants to buy a house, fix it up and live in it themselves or it could be someone who wants to buy a duplex and make a bit of money on the side."

A third kind of attendee is expected to be landlords that are interested in acquiring several properties. Butler says he welcomes such investors. "Even if someone does buy several properties, we will know them," he says. "More outreach to landlords is something we want to do." 

The investor forum will be held at Creekside's offices, 1021 Manistique at E. Jefferson. Call 313-822-0062 for more information or to RSVP.

Source: Sam Butler, Creekside CDC
Writer: Kelli B. Kavanaugh

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