31525 W 12 Mile Rd
- 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
Property Description
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $4,250,000 |
| No. of Units: | 100 |
| Year Built: | 1985 |
| Lot Size: | 4.95 Acres |
| Opportunity Zone: | No |
| Price per unit: | $42,500 |
| Property Website | Click Here |
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