28214-28234 Oakmonte Cir W - Apartments FOR SALE


New Hudson, MI 48165
$3,350,000 USD
586-873-5419
28214-28234 Oakmonte Cir W, New Hudson, MI for Sale
$3,350,000 USD
Apartments - FOR SALE
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28214-28234 Oakmonte Cir W
New Hudson, MI 48165


HIGHLIGHTS

  • 12-unit condo-style multifamily community in New Hudson, Michigan.
  • 100% occupied with immediate cash flow.
  • Low-maintenance brick, stone accent, and vinyl siding construction.
  • Private entrances with attached one- and two-car garages
  • Located near Kensington Metropark, golf courses, and highly desirable suburban residential neighborhoods.
  • Convenient access to I-96, Milford Road, shopping, recreation, and employment centers.

OVERVIEW

Oakmonte at Mill River – 12-Unit Multifamily Investment Opportunity 28214–28234 Oakmonte Circle West, New Hudson, MI 48165. Offered at $3,350,000,. Oakmonte at Mill River presents the opportunity to acquire a fully occupied 12-unit condominium-style multifamily property in the growing Lyon Township/New Hudson market. The community consists of a mix of spacious two- and three-bedroom units designed to appeal to families and commuters seeking quality suburban housing with convenient access to I-96. Built in 2007, the property features attractive brick and stone-accent construction, low-maintenance vinyl siding, asphalt shingle roofing, and condo-style layouts with attached garages. 100% occupancy provides immediate in-place cash flow, while existing rents remain below surrounding market comparable, creating a compelling value-add opportunity through future rental growth.

FOR SALE DETAILS

PRICE

$3,350,000 USD

PRICE/SF

$127 USD /SF

# OF UNITS

12

PRICE/UNIT

$279,167

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oakmonte Mill River

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2007

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

KI

APN/PARCEL ID

21-09-401-001

ASK ABOUT THIS PROPERTY

Anthony RubinoPilot Property Group, Inc.More Info
586-873-5419

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Anthony RubinoPilot Property Group, Inc.More Info
586-873-5419

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.