Sold
11429 Frey Court, Whitmore Lake, MI 48116
Last sold on Invalid Date for$1,500,000
17 bathsBuilt 19654.05 acres
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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.
Price & Status History
Mar 11, 2026MLS #20251038603
Sold
$1,500,000
Sep 22, 2025MLS #20251038603
Listed for sale
$1,500,000
MLS Listing History1 listing
| Status | List Price | Sale Price | Listed | Sold | Board | |
|---|---|---|---|---|---|---|
| Sold | $1,500,000 | $1,500,000 | Sep 22, 2025 | Mar 11, 2026 | Realcomp | View → |
Tax & Assessment
Parcel Number1536100082
Annual Tax$5,888
Property Details
Property TypeMulti FamilyBathrooms17Lot Size4.05 acresYear Built1965CityWhitmore LakeMunicipalityHamburg TwpZip Code48116School DistrictPinckneyTerms AcceptedCash, Conventional
Listed by Michael McClafferty
OakPointe Real Estate Advisors