$ 3,100,000
-
$3,100,000
Price -
16
Bed -
16
Bath -
19,123
SqFt -
2.63
Acre
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About the Listing 432912 - 421721
OakPointe Real Estate Advisors is pleased to present the opportunity to acquire a purpose-built, 8-unit luxury multifamily community in the Farmington Hills submarket, located less than one-half mile from I-696. Built in 2022, the property features eight ranch-style apartments, each offering 2 bedrooms, 2.5 bathrooms, an attached two-car garage, private entrance, in-unit laundry, dedicated office/den, and a private rear deck. Select units also feature fireplaces. The property is 100% occupied with rents below the cost to own a median home in Farmington Hills. Residents pay gas, electric, water, and trash, resulting in low operating expenses. Modern construction, minimal deferred maintenance, and a location near major employment centers, shopping, dining, and expressways make this an attractive long-term investment. Offering memorandum, financial information, and due diligence materials are available upon request. Assumable financing available.
Listing Highlights
Interior Details
- Bedrooms: 16
- Bathrooms: 16 Full
- Appliances:
- Air Cond:
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 19123
- Basement: Slab
- Other: Laundry Facility,1 Story,Forced Air,Pets Allowed
- Water: Public (Municipal)
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: irregular
- Zoning: Residential
- Roof:
- Others: Brick,Vinyl,Paved
- Sewer: Sewer (Sewer-Sanitary)
Financial Details
- Tax Amount: $85,029
- Taxes w/Assessments: N/A
- Tax/Property ID: 2314302036
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
26640 Orchard Lake Rd Farmington Hills, MI 48334
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