Pending
4312 W 13 MILE Road
Royal Oak MI, 48073
$3,667,700
$170.59 per sqft
Pending
28 Beds
36 Baths
21,500 sqft
Multi-family
Built in 1963
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 long-term appreciation and value growth in the dynamic real estate market of Royal Oak.
20230105550
MLSⓇ ID
December 26, 2023
Listed
August 23, 2024
Updated
Map
4312 W 13 MILE Road
Royal Oak MI, 48073
Interior Features
Bedrooms
28
Total Bathrooms
36
Full Bathrooms
24
Half Bathrooms
24
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Baseboard, Hot Water
Exterior/Building Features
Lot Size
0.94 Acres
Architectual Style
Upper/Lower Apartment
School Information
School District
Royal Oak
Other Property Details
Area Name
Royal Oak
Taxes
$60,384
Tax Frequency
Annually
Days on Market
72
Garage
No
Parking Total
29
View
No
County
Oakland
Pool
No
Zoning
Multi-Family
Courtesy of Greater Development LLC
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Data last updated 12:59 PM UTC, 8/23/2024