26717 Berg Rd Southfield, MI 48033
- Commercial real estate
- 280,000 SF
- 22.00 lot acres
Current Use by Public Records
- Oak Ridge Apartments / Apartment Building
Property Details for 26717 Berg Rd
- Year built
- 1964
- Lot size
- 22.00 lot acres
- Property size
- 280,000 SF
- Property type
- Commercial real estate
Description
This exceptional multifamily investment opportunity comprises a portfolio of two mid-rise apartment buildings located at 26717 Berg Rd, Southfield, MI 48033, in Oakland County. The portfolio totals 384 units across 280,000 square feet, situated on a 22-acre lot. Building #1 offers 208 units within 199,045 square feet, boasting 360 parking spaces and four distinct floor plans. Building #2 features 176 units across 91,688 square feet, providing 168 parking spaces and four different floor plan types. Both buildings are currently 100% occupied. Constructed in 1964, these Class C properties are zoned for residential use and offer fee simple ownership. Residents enjoy convenient on-site amenities including ample parking and laundry facilities. The property's prime location provides easy access to a variety of shopping, dining, and entertainment options, promising strong rental income and significant long-term growth potential. This portfolio presents a compelling investment opportunity in Southfield's thriving rental market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Southfield
- County
- Oakland
- State
- Michigan
- Longitude
- -83.2791339
- Latitude
- 42.4854859
