5951 N Skeel Ave Oscoda, MI 48750

Building Details

Year Built

1990

Listing agency Hull Multifamily Advisors

Listed by Austin Hull · License #MI 6502430931

Source Crexi

Added: Apr 2 Updated: Jul 21 at 2:22AM Checked: Jul 21 at 5:24AM

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Investment Insights

Based on property information with market context.

Oscoda Senior Condos is a built-in-1990, 20-unit condominium multifamily property. The community consists of (16) one-bedroom, one-bath units at approximately 540 SF and (4) two-bedroom, one-bath units at approximately 810 SF. On-site amenities cited in the offering include a fitness center, movie theater, and a recreation room.

HOA fees include all utilities, with water, electricity, internet, cable, and snow removal included. Of the 20 units, 13 are finished and rent-ready, while the remaining units are unfinished, creating a documented opportunity for a new owner to complete additional units for rental use.

The property is being marketed as a stabilized cash-flowing asset, with additional value-add potential tied specifically to completing the unfinished units.

Key Highlights

• 20 condominium units built in 1990 in Oscoda, MI
• Unit mix: (16) 540 SF 1 bed/1 bath and (4) 810 SF 2 bed/1 bath
• 13 of 20 units are finished and rent‑ready; remaining units are unfinished

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FAQs

What type of property is this?

Apartment building - A 20-unit condominium property with fitness and common-area amenities, featuring unfinished units alongside rent-ready homes.

Where is this apartment building located?

The property is located at 5951 N Skeel Ave Oscoda, MI.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: 20 condominium units built in 1990 in Oscoda, MI; Unit mix: (16) 540 SF 1 bed/1 bath and (4) 810 SF 2 bed/1 bath; 13 of 20 units are finished and rent‑ready; remaining units are unfinished