SoldMar 11, 2026

Listed and Bought with Michael McClafferty

Source: Multiple Listing Service MiRealSource #60938621

11429 Frey Court, Whitmore Lake, MI, 48189

$1,500,000

17
12400 sq. ft.
4.05 ac.

MultiFam

•

30+ days on the market

Sold: Mar 11, 2026

What's around 11429 Frey Court

About this property

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.

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