10100 South Saginaw Street in Holly, Michigan, presents a compelling multifamily investment opportunity at an asking price of $379,000. The 5,000-square-foot property consists of 11 individually rentable studio units configured in a single-story, motel-style layout that promotes efficient turnover and flexible tenancy options. This asset offers diversification potential with income generated across multiple units, creating steady revenue streams and minimizing vacancy risk.
Currently under receivership, the sale will require court approval, positioning it as an attractive value-add opportunity for investors seeking to drive upside through operational improvements, property repositioning, and rent optimization. The property’s simple configuration, combined with strong local demographics and proximity to regional amenities and major transport corridors, makes it well-suited for multifamily operators or those exploring hospitality crossover concepts.
With demand for affordable and transitional housing steadily rising in the area, this offering provides an excellent platform for sustained income growth through strategic management and capital deployment.