Homes for sale - 11429 Frey CT, Whitmore Lake, MI 48116

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2026

Jan

Fri

Jan

Sat

Jan

Ryan Maceri

mhgrealtors@gmail.com +1(586) 519-6259

$ 1,500,000

17 Baths

12,400 SqFt

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$ 1,500,000

Save

17 Baths

12,400 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Pending

Purchase Type For Rent

Square Footage 12,400 sqft

Subdivision Island Lake Colony Sub

MLS Listing ID 20251038603

Style Cottage

Full Baths 17

Year Built 1965

Lot Size 4.050 Acres

Acres 4.05

Property Sub-Type MultiFamily

Listing Terms Cash, Conventional

Property Description

Rare opportunity to own lakefront rental housing in Livingston County. Situated on approximately four acres with private frontage on Hamburg Lake, this 17-unit apartment community offers a tremendous value add opportunity. The property consists of 4 one-bedroom units, 12 two-bedroom units, and 1 three-bedroom unit, with 15 of the 17 units currently occupied. Average monthly rent across the property is $1,015 per unit. At the current income level, the property is offered at a 9.23% in-place capitalization rate. Comparable sales exceed $100,000 per unit. See offering memorandum for more details.

Location

State MI

County Livingston

Area Area01151Hamburgtwp

County Livingston

Interior

Heating Forced Air, Other Heating Source

Fireplace No

Exterior

Pool None

Utilities Available AboveGroundUtilities, CableAvailable

Waterfront Description AcrosstheRoadWaterFrontage, BeachAccess, BeachFront, DockFacilities, LakeFront, NoMotorLake, PrivateWaterFrontage, Waterfront

View Y/N No

Roof Type Asphalt

Garage false

WaterfrontY/N Yes

Building

Foundation CrawlSpace, Slab

Sewer Septic Tank

Water Well

New Construction No

New Construction Y/N No

Schools

High Schools Pinckney

School District Pinckney

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Call

Listed by Michael McClafferty of OakPointe Real Estate Advisors

Ryan Maceri

Agent

+1(586) 519-6259 | mhgrealtors@gmail.com

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11429 Frey CT Whitmore Lake, MI 48116

Ryan Maceri

Key Details

Location

Interior

Exterior

Building

Schools

Others

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11429 Frey CT