One of two properties being offered. The adjacent 8 unit (identical to this one) can also be purchased for the same price. Village Court Apartments consist of 8 units nestled in Ortonville, MI. The property consists of 8 two bedroom one bath apartments, 750 square feet each. The property is currently 100% occupied grossing over $10,065 per month in gross revenue. There are four buildings for the 16 units on the property - all built in 1970. 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 electric 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 no gas on the property. There is ample parking for the 16 units - the property sits on 2.5 acres. Each unit has its own stacked washer and dryer, a huge amenity for tenants.
Listing Courtesy of Greater Development LLC, Office Phone: 313-209-2900
Selling Office: LPS.
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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.