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10-Unit Brick Apartment Building
For Sale
Contact for pricing
Pending

8941 Pontiac Lake Rd, White Lake, MI 48386

Ranch-style multifamily property with separate utility metering, on-site laundry, and three recently remodeled apartments.

Property SizeContact for details
Days on Market143

Property Features for 8941 Pontiac Lake Rd

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Real Estate One
Listed By: Tom Wilhelm · License #MI 6501196948
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 4:41AM

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 Real Estate One

Investment Insights

Based on property information with market context.

This 10-unit ranch-style apartment property has a brick exterior and a mix of 4 two-bedroom units and 6 one-bedroom units. A coin-operated laundry area serves the residents, while each apartment includes baseboard heating through a boiler system and a wall-mounted air-conditioning unit. Three units have been remodeled with granite finishes, vinyl flooring, and fresh paint.

The property is located across the street from Pontiac Lake at 8941 Pontiac Lake Rd in White Lake Charter Township. It includes ample parking and is within the Waterford Schools district. Individual units are metered separately, with tenants responsible for DTE utilities and the owner paying gas. The property is zoned RM-2 for multifamily and residential use.

Key Highlights

  • 10‑unit apartment property with 4 two‑bedroom units and 6 one‑bedroom units
  • Three units freshly remodeled with granite, vinyl flooring, and fresh paint
  • Brick ranch‑style construction with baseboard boiler heating and wall‑unit A/C

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Hair Salon Parking Lot & Garage HVAC Service Pharmacy Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

186
Businesses Nearby

Demographics for 48386, MI

17,904
Population
7,680
Households
2.3
Avg Household Size
45
Median Age
33%
College-Educated
94%
High-School Grad
16.8 sq mi
ZIP Area
1,066
Density / Sq Mi
$90,805
Median Household Income
$49,063
Median Earnings
$1,480
Median Rent
$295,000
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 - Ranch-style multifamily property with separate utility metering, on-site laundry, and three recently remodeled apartments.
Where is this apartment building located?
The property is located at 8941 Pontiac Lake Rd White Lake, MI.
What are key features of this property?
This property features: 10‑unit apartment property with 4 two‑bedroom units and 6 one‑bedroom units; Three units freshly remodeled with granite, vinyl flooring, and fresh paint; Brick ranch‑style construction with baseboard boiler heating and wall‑unit A/C
(248) 891-1000 Call to check price and availability
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