26640 Orchard Lake Road, Farmington, MI 48334 4547

$3,000,000
16
BA
19,123
SqFt

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List Price
$3,000,000
Status
ACTIVE
MLS#
61008850
Days on Market
110
Year Built
2022
Price Change
▼ $100,000 1791668806
Bathrooms
16
Acres
2.63
Living Area
19,123
Municipality
Farmington Hills
Region
Farmington Hills
Township
Farmington Hills
Subdivision
Springland

Property Description

The Orchards Townhomes presents an 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 single story 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 believed to offer ADA-accessible features in units, subject to buyer verification. The property rents below the cost to own a median home in Farmington Hills. Residents pay gas, electric, water, and trash, resulting in low operating expenses. Offering memorandum, financial information, and due diligence materials are available upon request. Assumable financing available.

Additional Information

Heating
Forced Air
Foundation
Slab
Water
Public
School District
Farmington Public School District

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Listing Courtesy of OakPointe Real Estate Advisors, Office Phone: 248-972-7040

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.