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Portfolio of 2 Multi-Family 2 Multifamily Properties Offered at $6,500,000 in Pinckney, MI
Investment Highlights
- Portfolio generates approximately $427K+ combined NOI with stable occupancy across both assets, providing immediate yield with operational efficiency
Executive Summary
This suburban rental portfolio totals 44 units across two complementary communities in Pinckney, Michigan: a 32-unit garden apartment community and a 12-unit townhome rental neighborhood. Portfolio blends traditional apartments and 3-bedroom townhomes with attached garages.
Located in Pinckney within the Ann Arbor commuter region, both properties benefit from limited new multifamily development, strong household incomes (~$100K+ median), and sustained rental demand in a high-barrier suburban environment.
Located in Pinckney within the Ann Arbor commuter region, both properties benefit from limited new multifamily development, strong household incomes (~$100K+ median), and sustained rental demand in a high-barrier suburban environment.
Property Facts
| Price | $6,500,000 | Number of Properties | 2 |
| Price / SF | $137.95 / SF | Individually For Sale | 0 |
| Cap Rate | 7.49% | Total Building Size | 47,120 SF |
| Sale Type | Investment | Total Land Area | 6.85 AC |
| Status | Active |
| Price | $6,500,000 |
| Price / SF | $137.95 / SF |
| Cap Rate | 7.49% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 47,120 SF |
| Total Land Area | 6.85 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Pinckney Apartments
240 Park St, Pinckney, MI 48169 |
Multifamily | 26,720 SF | 1950 | - |
|
Cattail Lane Townhomes
711 Cattail Ln, Pinckney, MI 48169 |
Multifamily | 20,400 SF | 2023 | - |
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Portfolio of 2 Multi-Family
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