24
See all 24 photos
$25,500,000
Est. payment /mo
99 Baths
318,468 SqFt
New
930 VILLAGE GREEN Lane Waterford, MI 48328 2473
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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 isâ€. 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
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Listed by James M Galbraith