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Listed price in listed location currency (USD).
$1,500,000
$1,500,000

01725

MLS® 20251038603

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 12400 sqft
Garage No
Taxes $5,888
Lot Size 4.05 acres
Approx. Age 1965
Avg. Price Per Sqft $120
MLS® Number 20251038603

Property Address: 11429 Frey Court, Brighton, MI, 48116

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to own lakefront rental housing in Livingston County. Situated on approximately four acres with private frontage on Hamburg Lake, this 17-unit apartment community offers a tremendous value add opportunity. The property consists of 4 one-bedroom units, 12 two-bedroom units, and 1 three-bedroom unit, with 15 of the 17 units currently occupied. Average monthly rent across the property is $1, 015 per unit. At the current income level, the property is offered at a 9.23% in-place capitalization rate. Comparable sales exceed $100, 000 per unit. See offering memorandum for more details.
MLS® Number20251038603
Laundry Level
Central VacNo
FireplaceNo
Acreage4.05
Exterior
GarageNo
Approx. Age1965
Basement
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

Nov 4, 2025End Date
$1,500,000Sold Price

Sold

Sep 22, 2025List Date
$1,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
11429 Frey Court, Brighton, MI

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