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Hidden Harbor Villas 305 Locust St W 48 Unit Apartment Building For Sale Three Oaks, MI 49128
Investment Highlights
- 48 Apartment Units Located in Three Oaks, MI
- Low Submarket Vacancy - 4.2%
- Property Currently 100% Occupied
- 8 New-Construction Units
- Limited to Zero Immediate Area Competition
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Sale Type | Investment | Lot Size | 4.72 AC |
| No. Units | 48 | Building Size | 43,220 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1982 |
| Building Class | C | Parking Ratio | 2.2/1,000 SF |
| Zoning | R - Residential | ||
| Sale Type | Investment |
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.72 AC |
| Building Size | 43,220 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1982 |
| Parking Ratio | 2.2/1,000 SF |
| Zoning | R - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer
- Refrigerator
- Range
- Patio
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Playground
- Property Manager on Site
- Trash Pickup - Curbside
- Maintenance on site
- Online Services
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 20 | $905.00 | 850 |
| 2+1 | 18 | $1,335 | 770 - 950 |
| 3+1 | 10 | $1,688 | 1,000 - 1,100 |
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Property Taxes
| Parcel Number | 11-47-0010-0077-11-8 | Total Assessment | $916,300 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2026 Payable 2026 |
Property Taxes
Parcel Number
11-47-0010-0077-11-8
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$916,300 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026 Payable 2026
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Hidden Harbor Villas | 305 Locust St W
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