Investment Overview
Multifamily redevelopment at the intersection of I-696 and Orchard Lake Rd. This adaptive reuse opportunity offers and attractive basis well below replacement cost, a modernized residential product, and durable demand in one of Oakland County's most established suburban corridors.
Investment Highlights
- 85 multifamily units
- 130,220± SF building on 4.95 acres
- Premier location at I‑696 & Orchard Lake Rd with regional connectivity
- Recently renovated (2023) with updated systems and layouts
- Pricing below replacement cost with reduced development risk
- Value‑add upside through lease-up, management, and NOI optimization
- Farmington Hills location with strong demographics and limited new supply