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$1,150,000
8 Baths
14,100 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Pending
Purchase Type For Rent
Square Footage 14,100 sqft
MLS Listing ID 20251006534
Style Farmhouse
Full Baths 8
Year Built 1970
Lot Size 1.210 Acres
Acres 1.21
Property Sub-Type MultiFamily
Property Description
One of two properties being offered. The adjacent 8 unit (identical to this one) can also be purchased for the same price.
Village Court Apartments consist of 8 units nestled in Ortonville, MI. The property consists of 8 two bedroom one bath apartments, 750 square feet each. The property is currently 100% occupied grossing over $10,065 per month in gross revenue.
There are four buildings for the 16 units on the property - all built in 1970. The property is on a private septic and sewer system - that is maintained by the current owner. This reduces the water burden cost on the tenant, as well as the landlord. The units are equipped with electric baseboard heat, and tenants are allowed to bring an AC unit into their apartment. The units are individually metered for electric (tenant paid) and there is no gas on the property. There is ample parking for the 16 units - the property sits on 2.5 acres. Each unit has its own stacked washer and dryer, a huge amenity for tenants.
Village Court Apartments consist of 8 units nestled in Ortonville, MI. The property consists of 8 two bedroom one bath apartments, 750 square feet each. The property is currently 100% occupied grossing over $10,065 per month in gross revenue.
There are four buildings for the 16 units on the property - all built in 1970. The property is on a private septic and sewer system - that is maintained by the current owner. This reduces the water burden cost on the tenant, as well as the landlord. The units are equipped with electric baseboard heat, and tenants are allowed to bring an AC unit into their apartment. The units are individually metered for electric (tenant paid) and there is no gas on the property. There is ample parking for the 16 units - the property sits on 2.5 acres. Each unit has its own stacked washer and dryer, a huge amenity for tenants.
Location
State MI
County Oakland
Area Area02031Brandontwp
Interior
Heating Baseboard, Electric
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation Slab
Sewer SepticTank
Water Well
New Construction No
Schools
High Schools Brandon
School District Brandon
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by Brady Williams of Greater Development LLC
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