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$1,985,000
Est. payment /mo
22 Baths
16,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Pending
Purchase Type For Sale
Square Footage 16,500 sqft
Price per Sqft $120
MLS Listing ID 20251009241
Style Ranch
Full Baths 22
Year Built 1971
Lot Size 3.430 Acres
Acres 3.43
Property Sub-Type MultiFamily
Property Description
Hidden Valley Apartments consist of 22 units nestled in Davisburg, a town bordering Clarkston, MI. The property consists of 22 two bedroom one bath apartments, 750 square feet each. The property is currently 100% occupied grossing over $22,000 per month in gross revenue. There are three buildings for the 22 units on the property - all built in 1971. 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 hot water 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 natural gas that is paid by the landlord. There is ample parking for the 22 units - the property sits on 3.4 acres.
Location
State MI
County Oakland
Area Area02071Springfieldtwp
Interior
Heating Baseboard, HotWater, NaturalGas, SeparateMeters
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation Slab
Sewer SepticTank
Water Well
New Construction No
Schools
High Schools Clarkston
School District Clarkston
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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