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The Orchards Townhomes 26640 Orchard Lake Rd 8 Unit Apartment Building $3,300,000 ($412,500/Unit) Farmington Hills, MI 48334



Investment Highlights
- Opportunity to acquire an eight-unit, purpose-built luxury rental community in one of Oakland County's strongest submarkets
- Eight Spacious 2 Bed / 2.5 Bath Units
- Tenant-Paid Utilities Minimize Expense
- 100% Occupied with Immediate Upside – Fully leased property featuring below-market rents with a clear path to future revenue growth
- Attached Two-Car Garages & Private Entrances with private rear deck
Executive Summary
OakPointe Real Estate Advisors presents an exceptional opportunity to acquire an eight-unit luxury multifamily community in the thriving Farmington Hills submarket. Purpose-built in 2022 and spanning more than 19,000 square feet, this modern property combines strong fundamentals with future upside, making it an appealing option for private investors and institutional buyers alike.
The community consists of eight single-story ranch-style residences, each featuring two bedrooms, 2.5 bathrooms, private entrances, in-unit laundry, an attached two-car garage, and a dedicated office or den. Residences also include private rear decks, with select units offering the additional amenity of fireplaces. Tenants cover all utilities — gas, electric, water, and trash — resulting in minimal operating expenses and superior net income efficiency.
Currently 100% occupied at below-market rents, the property holds significant value-add potential through future rent adjustments. The location is unmatched, positioned less than half a mile from I-696 and within minutes of major employment centers, retail destinations, and dining options. Modern construction ensures minimal deferred maintenance, providing a secure, cash-flowing investment with long-term appreciation potential. Offering memorandum and financial details are available upon request.
The community consists of eight single-story ranch-style residences, each featuring two bedrooms, 2.5 bathrooms, private entrances, in-unit laundry, an attached two-car garage, and a dedicated office or den. Residences also include private rear decks, with select units offering the additional amenity of fireplaces. Tenants cover all utilities — gas, electric, water, and trash — resulting in minimal operating expenses and superior net income efficiency.
Currently 100% occupied at below-market rents, the property holds significant value-add potential through future rent adjustments. The location is unmatched, positioned less than half a mile from I-696 and within minutes of major employment centers, retail destinations, and dining options. Modern construction ensures minimal deferred maintenance, providing a secure, cash-flowing investment with long-term appreciation potential. Offering memorandum and financial details are available upon request.
Property Facts
| Price | $3,300,000 | Building Class | C |
| Price Per Unit | $412,500 | Lot Size | 2.63 AC |
| Sale Type | Investment | Building Size | 19,123 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 2022 |
| Apartment Style | Townhome | Parking Ratio | 2/1,000 SF |
| Zoning | 201 - Commercial | ||
| Price | $3,300,000 |
| Price Per Unit | $412,500 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 2.63 AC |
| Building Size | 19,123 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2022 |
| Parking Ratio | 2/1,000 SF |
| Zoning | 201 - Commercial |
Amenities
Site Amenities
- Laundry Facilities
- Furnished Units Available
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2.5 | 8 | $3,225 | 1,800 |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 23-14-302-036 | Improvements Assessment | $1,487,370 |
| Land Assessment | $79,220 | Total Assessment | $1,566,590 |
Property Taxes
Parcel Number
23-14-302-036
Land Assessment
$79,220
Improvements Assessment
$1,487,370
Total Assessment
$1,566,590
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The Orchards Townhomes | 26640 Orchard Lake Rd
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