26640 Orchard Lake RD, Farmington Hills, MI 48334
26640 Orchard Lake RD, Farmington Hills, MI 48334
26640 Orchard Lake RD, Farmington Hills, MI 48334
26640 Orchard Lake RD, Farmington Hills, MI 48334
26640 Orchard Lake RD, Farmington Hills, MI 48334
26640 Orchard Lake RD, Farmington Hills, MI 48334
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$ 3,100,000

16 Baths

19,123 SqFt


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$ 3,100,000
Save

16 Baths

19,123 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Rent

Square Footage 19,123 sqft

Subdivision Springland

MLS Listing ID 20261051110

Style Other

Full Baths 16

Year Built 2022

Lot Size 2.630 Acres

Acres 2.63

Property Sub-Type MultiFamily

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 Area02231Farmingtonhills

Interior

Heating Forced Air, Natural Gas

Fireplace No

Laundry InUnit

Exterior

Pool None

View Y/N No

Garage false

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Farmington

Others

Senior Community false

Acceptable Financing Assumable, Cash, Conventional

Listing Terms Assumable, Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Call

Realcomp MLS
Listed by Michael McClafferty of OakPointe Real Estate Advisors
Shane Parker
Shane Parker

Broker | License ID: 397534

+1(313) 454-8608 | broker@sprealtymi.com

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26640 Orchard Lake RD

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