Maynard Court Apartments 25 Maynard Ct 12 Unit Apartment Building $1,950,000 ($162,500/Unit) 9.31% Cap Rate Pontiac, MI 48342

Turnkey 100% Occupied Multi-Family Investment. This City Rental Certified property features an exceptional operational setup with individually metered utilities and dedicated natural gas furnaces for each unit delivering maximum efficiency and long term expense control. Each apartment offers a highly desirable townhouse-style layout with private entrances, private basements, individual egress, dedicated HVAC, laundry areas, and balconies that attract quality tenants and support strong leasing performance. Extensive improvements have been completed, including new roof in 2026 and freshly shingled porch overhangs. The property has been fully stabilized through strategic, proactive management. It is currently operating at 100% occupancy under government-backed housing programs, generating $227,100 in annual income, with significant built-in upside available through the completion of the remaining 4-bedroom unit build-outs. Located just 3 minutes from Downtown Pontiac and 9 minutes from Oakland University, the property is supported by a strong, diversified employment base spanning automotive, manufacturing, healthcare, logistics, and more.