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The Orchards 26700 Orchard Lake Rd 8 Unit Apartment Building $5,304,496 CAD ($663,062 CAD/Unit) Farmington Hills, MI 48334
EXECUTIVE SUMMARY
26700 Orchard Lake Road, Farmington Hills, MI
Great opportunity to purchase an 8-unit brick multifamily property in a strong Farmington Hills rental market. The property consists of well-maintained duplex-style buildings with long-term tenants and steady rental income.
Property Highlights
• 8 total units across brick duplex buildings
• Consistent rental history with low vacancy
• Stable cash flow and solid tenant base
• Ample on-site parking and green space
• Each unit has a private entrance and spacious layout
• Close to retail, restaurants, and everyday conveniences
Seller is a licensed real estate broker in the State of Michigan and has an ownership interest in the property.
Great opportunity to purchase an 8-unit brick multifamily property in a strong Farmington Hills rental market. The property consists of well-maintained duplex-style buildings with long-term tenants and steady rental income.
Property Highlights
• 8 total units across brick duplex buildings
• Consistent rental history with low vacancy
• Stable cash flow and solid tenant base
• Ample on-site parking and green space
• Each unit has a private entrance and spacious layout
• Close to retail, restaurants, and everyday conveniences
Seller is a licensed real estate broker in the State of Michigan and has an ownership interest in the property.
PROPERTY FACTS
| Price | $5,304,496 CAD | Building Class | C |
| Price Per Unit | $663,062 CAD | Lot Size | 0.37 AC |
| Sale Type | Investment | Building Size | 14,400 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 2022 |
| Zoning | Commercial - Commercial use | ||
| Price | $5,304,496 CAD |
| Price Per Unit | $663,062 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 14,400 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2022 |
| Zoning | Commercial - Commercial use |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2.5 | 8 | $4,188 CAD | 1,800 |
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PROPERTY TAXES
| Parcel Number | 23-14-302-036 | Improvements Assessment | $2,077,707 CAD |
| Land Assessment | $110,662 CAD | Total Assessment | $2,188,370 CAD |
PROPERTY TAXES
Parcel Number
23-14-302-036
Land Assessment
$110,662 CAD
Improvements Assessment
$2,077,707 CAD
Total Assessment
$2,188,370 CAD
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DNVK Ventures, LLC
The Orchards | 26700 Orchard Lake Rd
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