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Skyewest Townhomes 30625-30635 Martindale Rd

8 Unit Apartment Building $2,232,515 CAD ($279,064 CAD/Unit) New Hudson, MI 48165

Investment Highlights

  • Recently updated, low maintenance exterior with ample greenspace on a 3-acre parcel.
  • Current zoning allows for 4 additional units to be constructed.
  • Each unit has a private entry, covered porch and patio.
  • Proven value add.
  • Property is serviced by well/septic (public utilities are available).

Executive Summary

Skyewest Townhomes is an 8-unit multifamily community situated in Lyon Township, within the highly desirable Oakland County. This property consists entirely of two-bedroom townhomes, each averaging 1,050 square feet. Every condo-style home features a private covered entrance and patio and comes equipped with an in-unit washer/dryer. The community's prime location near major highways such as I-96, I-275, and US-23 makes it attractive to top-tier residents with easy access to local employment opportunities. Median income for this area is approximately $138,000/year.

Property Facts

Price $2,232,515 CAD
Price Per Unit $279,064 CAD
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 3.00 AC
Building Size 9,734 SF
Average Occupancy 100%
No. Stories 2
Year Built 1978
Parking Ratio 1.54/1,000 SF

Unit Amenities

  • Cable Ready
  • High Speed Internet Access
  • Yard
  • Deck
  • Porch

Site Amenities

  • Courtyard
  • Laundry Facilities
  • Picnic Area
  • Walking/Biking Trails

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 7 $2,551 CAD 1,100
2+1 1 $2,126 CAD 800

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21-05-252-024
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$509,820 CAD

zoning

Zoning Code AI (The zoning ordinance permits the construction of an additional six 1-bedroom units or four 2-bedroom units.)
AI (The zoning ordinance permits the construction of an additional six 1-bedroom units or four 2-bedroom units.)
  • Listing ID: 32271693

  • Date on Market: 2024-06-27

  • Last Updated:

  • Address: 30625-30635 Martindale Rd, New Hudson, MI 48165

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