26640 Orchard Lake Road, Farmington, MI 48334 4547
26640 Orchard Lake Road, Farmington, MI 48334 4547
26640 Orchard Lake Road, Farmington, MI 48334 4547
26640 Orchard Lake Road, Farmington, MI 48334 4547
26640 Orchard Lake Road, Farmington, MI 48334 4547
26640 Orchard Lake Road, Farmington, MI 48334 4547
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Shannon Bagdonas

Shannon Bagdonas

+1(313) 766-8387
$ 3,100,000
Est. payment | /mo

16 Baths

19,123 SqFt

Save
$ 3,100,000
Est. payment | /mo
Save

16 Baths

19,123 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 19,123 sqft

Price per Sqft $162

Subdivision Mi

MLS Listing ID 61008850

Style 1 Story

Full Baths 16

Year Built 2022

Annual Tax Amount $85,029

Lot Size 2.630 Acres

Acres 2.63

Lot Dimensions irregular

Property Sub-Type Multi-Family

Property Description

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.

Location

State MI

County Oakland

Area Farmington Hills (63231)

Zoning Residential

Interior

Heating Forced Air

Fireplace No

Exterior

Exterior Feature Brick, Vinyl Siding

Amenities Available Laundry Facility

Building

Story 1 Story

Foundation Slab

Water Public Water

Structure Type Brick,Vinyl Siding

Schools

School District Farmington Public School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by OakPointe Real Estate Advisors

Schools and Properties Nearby

Learn More About LPT Realty

Shannon Bagdonas
Shannon Bagdonas

Team Lead / Broker Partner

+1(313) 766-8387

movinginmichigan.net

6838 Park Ave, Allen Park, MI, 48101-2036, USA

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26640 Orchard Lake Road