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8-Unit Ranch-Style Apartment Community
For Sale
$3,100,000

26640 Orchard Lake Road, Farmington, MI 48334

Modern multifamily property with private entrances, attached garages, in-unit laundry, and dedicated office or den space.

Property SizeContact for details
Days on Market52

Property Features for 26640 Orchard Lake Road

General Information

Standard status Active
Property subtype Multi Family
Occupancy 100%

Property Condition

Severity Repairs Needed
Evidence minimal deferred maintenance

Units

Unit Mix 8 x 2BR/2.5BA
Multifamily Units 8

Additional Details

Highway Access Yes

Amenities

attached two-car garage
private entrance
in-unit laundry
dedicated office/den
private rear deck
fireplaces

Building Details

Year Built 2022
Construction ranch-style
Listing Agency: OakPointe Real Estate Advisors
Listed By: Michael McClafferty
Source: Blueowlprop
Added: Jul 14 Changed: Aug 31 Last Checked: Sep 2 at 4:01AM

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 OakPointe Real Estate Advisors

Investment Insights

Based on property information with market context.

Constructed in 2022, this 8-unit multifamily property comprises ranch-style apartments with a consistent residential layout. Each residence includes 2 bedrooms, 2.5 bathrooms, an attached two-car garage, private entry, in-unit laundry, a dedicated office or den, and a private rear deck. Fireplaces are available in select apartments.

The property is 100% occupied and positioned less than one-half mile from I-696 in the Farmington Hills submarket. Residents are responsible for gas, electric, water, and trash expenses. The location also provides proximity to employment centers, shopping, dining, and expressways. Assumable financing is available, and offering and due diligence materials can be provided upon request.

Key Highlights

  • 8‑unit multifamily property constructed in 2022
  • Each apartment includes 2 bedrooms and 2.5 bathrooms
  • Attached two‑car garage, private entrance, and private rear deck for every unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop Electrical Service Garden Center Furniture & Home Goods HVAC Service Bakery

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

8
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

346
Businesses Nearby

Demographics for 48334, MI

18,731
Population
8,528
Households
2.2
Avg Household Size
45
Median Age
59%
College-Educated
96%
High-School Grad
9.1 sq mi
ZIP Area
2,058
Density / Sq Mi
$98,937
Median Household Income
$56,067
Median Earnings
$1,511
Median Rent
$327,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Modern multifamily property with private entrances, attached garages, in-unit laundry, and dedicated office or den space.
Where is this apartment building located?
The property is located at 26640 Orchard Lake Road Farmington, MI.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 8‑unit multifamily property constructed in 2022; Each apartment includes 2 bedrooms and 2.5 bathrooms; Attached two‑car garage, private entrance, and private rear deck for every unit
More about this property
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