- For Sale $4,250,000
- Property Type Multi-Family
- Property Size 130,220 SF
- Units 85
- Lot Size 4.95 Acre
- Year Built 1985
- Year Renovated 2023
- Date Updated May 4, 2026
Description
Farmington Hills, MI is a vibrant suburban city known for its rich cultural heritage, excellent quality of life, and extensive recreational opportunities. It holds a diverse population and various cultural institutions. Farmington Hills offers a unique blend of suburban tranquility and urban amenities, making it an attractive destination for families and professionals alike.Multifamily redevelopment at the intersection of I-696 and Orchard Lake Rd. This adaptive reuse opportunity offers and attractive basis well below replacement cost, a modernized residential product, and durable demand in one of Oakland County's most established suburban corridors.
Highlights
- 130,220± SF building on 4.95 acres
- 85 multifamily units
- Farmington Hills location with strong demographics and limited new supply
- Premier location at I-696 & Orchard Lake Rd with regional connectivity
- Pricing below replacement cost with reduced development risk
- Recently renovated (2023) with updated systems and layouts
- Value-add upside through lease-up, management, and NOI optimization
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Contacts
Simon Jonna
Colliers Birmingham (MI) - Jonna Group
Location
Contact Listing Broker
Simon Jonna
Colliers Birmingham (MI) - Jonna Group
