8230 Highland Road new Save Request In-Person Tour Request Virtual Tour
White Lake,MI 48386 2013
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 17,480 sqft
Price per Sqft $71
Subdivision Mi
MLS Listing ID 60400237
Style 1 Story
Full Baths 22
Year Built 1957
Annual Tax Amount $19,361
Lot Size 1.510 Acres
Acres 1.51
Lot Dimensions 88X557x133x557
Property Sub-Type Multi-Family
Property Description
This property is located in White Lake, 1.51 Acres, and It has 133 feet of waterfront ON PONTIAC LAKE. CITY SEWER is tapped and connected to all 22 units! City Water TAP is already PAID FOR by the seller!!!! The property is currently shut down due to gas line issue. Property has been shut down since February. When it was up and running it was rented at a weekly rate, bringing in a gross amount just under $26,000 a Month! It has a total of 32 rooms. 6 of the rooms are assigned to the manager's residence which is connected to the front main office. 3 of the rooms are used for storage and another 2 consists of the mechanical rooms. The remaining 21 "rooms" consist of 13 cabins, (one of which is a double cabin), and 8 motel room building. One extra cabin is being used for storage, and can easily be converted back to rental. Also, some of the 6 rooms assigned to the manager's residence can be converted into rentals for added value. Property is being Sold As-IS.
Location
State MI
County Oakland
Area White Lake Twp (63121)
Interior
Interior Features Cable/Internet Avail.
Fireplace No
Exterior
Exterior Feature Vinyl Siding,Wood
Building
Story 1 Story
Foundation Slab
Water Private Well,Public Water at Street
Structure Type Vinyl Siding,Wood
Schools
School District Waterford School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20230072720