Davisburg, MI,16200 DIXIE
Davisburg, MI,16200 DIXIE
Davisburg, MI,16200 DIXIE
$﹡﹡﹡﹡﹡(Non-Disclosure)
Est. payment /mo
Est.Price: ?

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18 Baths
4 Acres Lot
SOLD DATE : 05/08/2024

Key Details

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Groveland Twp

MLS Listing ID 20230102214

Year Built 1953

Annual Tax Amount $11,382

Lot Size 4.000 Acres

Property Description

18 Units Studio Apartment/Motel Located Off Dixie Hwy in Davisburg. Well Maintained. We are undergoing transforming every room currently to subsidized housing section 8 which includes new mini kitchens. 18 units x $885 avg = $191,660 year. We have an excellent relationship with multiple housing agencies who send endless people to us for application. Propane is used for the water heater only. Motel was in the Movie Real Steel. Updates as follows1.) 100% complete rewire with (5) dedicated circuits to each room.2.) Attic and basement and access tunnel new lighting and branch circuit infrastructure4.) New electric baseboard heat every unit5.) Wifi enabled remote control (property owner) thermostats every unit. Stops anyone from increasing temp past setting.6.) All units remote control push button front door locks. Wifi enabled to control entry. Codes can be changed remote.7.) complete 16 high definition camera system with microphones and large capacity NVR storage device to monitor premises.8.) Mostly new flat screen TV's with remote9.) New WiFi routers and boosters throughout bldg10.) Wifi enabled remote relay system to monitor and control individual unit power consumption. Power can be turned on and off to individual circuits via remote access.11.) New PEX hot and cold water feeds throughout complete bldg12.) New Blown in insulation in attic13.) LED lighting installed throughout14.) LED exterior wall pack lights installed15.) LED porch lights installed16.) New bushes flower beds and mulch17.) New septic field18.) New septic tank access lidsBasically this place can run itself via technology and remote control without on site management.

Location

State MI

County Oakland

Area Oakland County - 70

Zoning Multi-Family

Interior

Heating Hot Water

Exterior

View Y/N No

Building

Water Well

Structure Type Brick

Schools

School District Holly

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Wilhelm & Associates

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker | License ID: 6502389085

Broker License ID: 6502389085

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