Pending
16001 Dixie Highway, Holly, MI 48442
$900,000
9 bathsBuilt 19502.2 acres
1 / 5
Description
This cash flowing multifamily property is located in Holly, Michigan. The property consists of nine efficiency units on approximately 2.20 acres across two parcels with excess land and commercial zoning (buyer to verify). Units are in constant demand due to limited available housing supply in the submarket. In 2025, 7 of the 9 units were renovated. Average rents are approximately $1,085 per unit per month. The asking price reflects both the excess land value and a 7.97% cap rate on in-place financials. Owner pays water, gas, and trash; electric separately metered. Do not disturb tenants. Contact listing broker for financials.
Price & Status History
Feb 19, 2026MLS #20261009360
Listed for sale
$900,000
MLS Listing History1 listing
| Status | List Price | Sale Price | Listed | Sold | Board | |
|---|---|---|---|---|---|---|
| Pending | $900,000 | — | Feb 19, 2026 | — | Realcomp | View → |
Tax & Assessment
Parcel Number0229426020
Annual Tax$4,842
Property Details
Property TypeMulti FamilyBathrooms9Lot Size2.2 acresYear Built1950CityHollyMunicipalityGroveland TwpZip Code48442School DistrictHollyTerms AcceptedCash, Conventional
Listed by Michael McClafferty
OakPointe Real Estate Advisors