MI > Waterford > Mi
Waterford, MI 48328 2473,930 VILLAGE GREEN Lane
Waterford, MI 48328 2473,930 VILLAGE GREEN Lane
Waterford, MI 48328 2473,930 VILLAGE GREEN Lane
Waterford, MI 48328 2473,930 VILLAGE GREEN Lane
Waterford, MI 48328 2473,930 VILLAGE GREEN Lane
Waterford, MI 48328 2473,930 VILLAGE GREEN Lane
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Place Perfect Realty

Place Perfect Realty

+1(920) 956-9061
$ 25,500,000
Est. payment | /mo

99 Baths

318,468 SqFt

Save
$ 25,500,000
Est. payment | /mo
Save

99 Baths

318,468 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 318,468 sqft

Price per Sqft $80

Subdivision Mi

MLS Listing ID 60397643

Full Baths 99

Year Built 1974

Annual Tax Amount $724,411

Lot Size 24.990 Acres

Acres 24.99

Lot Dimensions 1130 x 1264

Property Sub-Type Multi-Family

Property Description

Stalking Horse Auction Sale By Court Appointed Receiver - Auction Date: June 20, 2025 at 1:00 PM. Waterford Square is a 406-Unit multifamily community located in one of a prime geographic area within Oakland County, Michigan. Originally constructed in 1973 and rejuvenated in 2012, the property is comprised of thirteen (13) residential buildings, offering a balanced mix of one- and two-bedroom floor plans. Waterford Square is currently 71.67% physically occupied and 80% leased. Nearly $500,000 has been invested or is scheduled to be expended on property improvements since the start of the receivership. The Property received substantial upgrades in the 4th quarter of 2024 and 2025 year-to-date, including five (5) hot water tank or boiler replacements, dozens of units brought to occupancy ready condition, several trees removed and other renovations/improvements. Ideally located in the Township of Waterford, the property is situated near robust job centers all throughout southeastern Michigan. Additionally, the property is near a wide variety of recreational, educational, and retail destinations. Onsite amenities include a swimming pool, fitness center, a spa, and a volleyball court. Bidding requirements can be provided upon request. The property will be sold “as is”. Please refer to the enclosed Bidding Requirements and Auction Rules.

Location

State MI

County Oakland

Area Waterford Twp (63131)

Zoning Multi-Family

Interior

Heating Forced Air

Cooling Ceiling Fan(s), Central A/C

Fireplace No

Exterior

Exterior Feature Brick, Vinyl Siding

Building

Foundation Slab

Water Public Water

Structure Type Brick,Vinyl Siding

Schools

School District Waterford School District

Others

Ownership Private

Assessment Amount $266,952

Energy Description Natural Gas

Financing Auction,Cash

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by James M Galbraith
agent-avatar

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

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930 VILLAGE GREEN Lane