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11429 Frey, Hamburg, MI 48116

Hamburg
Local realty services provided by:CENTURY 21 Northland
11429 Frey,Whitmore Lake, MI 48116
$1,500,000
  • - Beds
  • 17 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: michael mcclafferty
Office: oakpointe real estate advisors
MLS#:60938621
Source:MI_REALSOURCE

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Price summary

  • Price:$1,500,000

About this home

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.

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Home facts

  • Year built:1965
  • Listing ID #:60938621
  • Added:177 day(s) ago
  • Updated:March 19, 2026 at 06:47 AM

Rooms and interior

  • Total bathrooms:17
  • Full bathrooms:17

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1965
  • Construction Materials:Vinyl Siding, Wood
  • Foundation Description:Crawl, Slab
  • Levels:1 Story

Utilities

  • Water:Private Well
  • Sewer:Septic

Finances and disclosures

  • Price:$1,500,000
  • Tax amount:$5,888

Features and amenities

  • Amenities:Cable/Internet Available

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