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11-Unit Studio Apartment Building
For Sale
$379,000

10100 South Saginaw Street, Holly, MI 48442

Single-story property includes an adjacent house and a motel-style unit arrangement.

Property Size5,000 SF
Days on Market90

Property Features for 10100 South Saginaw Street

General Information

Standard status Active
Size 5,000 SF
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 11 x studio
Multifamily Units 11

Building Details

Building Size 5,000 SF
Buildings 2
Stories 1
Construction motel-style
Tenancy Multi
Listing Agency: NAI Mid-Michigan
Listed By: Dave Robinson · License #6501368732
Source: Naiglobal
Added: Jun 2 Changed: Aug 29 Last Checked: Aug 29 at 6:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Mid-Michigan

Investment Insights

Based on property information with market context.

This single-story apartment property contains 11 studio units arranged in a motel-style configuration, along with an adjacent house. Each apartment is individually rentable, creating a straightforward unit-by-unit layout. The property is currently fully leased.

The offering is located at 10100 South Saginaw Street in Holly, Michigan. The asset is in receivership, and any purchase agreement will require court approval. Its configuration combines an apartment building with a separate residential improvement on the same property.

Key Highlights

  • 11‑unit studio apartment asset
  • Single‑story apartment building with adjacent house
  • Motel‑style configuration with individually rentable studios

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Hair Salon Restaurant Building Supply Spa & Massage Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

114
Businesses Nearby

Demographics for 48442, MI

21,803
Population
9,722
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
94%
High-School Grad
85.9 sq mi
ZIP Area
254
Density / Sq Mi
$80,281
Median Household Income
$50,769
Median Earnings
$1,243
Median Rent
$252,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Single-story property includes an adjacent house and a motel-style unit arrangement.
Where is this apartment building located?
The property is located at 10100 South Saginaw Street Holly, MI.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: 11‑unit studio apartment asset; Single‑story apartment building with adjacent house; Motel‑style configuration with individually rentable studios
More about this property
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