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$3,667,700 pending

4312 w 13 mile, royal oak, MI 48073

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Property Description
Welcome to Altitude West, an exceptional multifamily community comprising 24 units, strategically positioned adjacent to the prestigious Beaumont Royal Oak hospital. This thriving property, currently enjoying stable cash flow, presents an exciting opportunity for investors seeking to maximize value through strategic renovations and elevate the living experience for residents. Altitude West presents an exciting investment opportunity with a proven track record of successful renovations and increased rental income. The fact that the property has already undergone renovations, resulting in higher rental rates, establishes a positive precedent for future improvements. The presence of an effective property management team at Altitude West ensures a seamless transition for owners and contributes to the overall success of the investment. In summary, Altitude West offers a unique blend of stability, strategic location, and renovation potential, making it an ideal choice for investors seeking l
General Information
Sale Price: $3,667,700
Price/SqFt: $171
Status: Pending
MLS#: 523
City: royal oak
Post Office: royal oak
Schools: royal oak neighborhood schools
County: Oakland
Subdivision: oakland highlands
Acres: 0.94
Lot Dim: 100x400
Bedrooms:0
Bathrooms:48   (24 full, 24 half)
Size: 21,500 sq.ft.
Acreage: 0.94 est.
Year Built: 1963
Style: 2 Story
Features & Room Sizes
Basement:  No
Heating:  Baseboard,Hot Water
Tax, Fees & Legal
Est. Summer Taxes:  $51,146
Est. Winter Taxes:  $9,238


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Brady Williams of Greater Development LLC

This listing last updated: Thu, March 07, 2024 at 2:37:45 PM EST

MIRealSource Listing Data Last Updated On Sunday, September 8 2024 at 7:45pm
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Listings presented by:
Brady Williams
Greater Development LLC
Call: (360) 989-5395

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