Oakmont Five-Community Independent Living Portfolio

14265 Middlebelt Rd Livonia, MI 48154

FOR SALE
Property Type:
Subsidized Housing
Amount:
$111,037,000
Last Verified:
Sep 21, 2022

Highlights

  • RARE TROPHY INDEPENDENT LIVING (IL) PORTFOLIO | SOUTHEAST MI
  • 5 COMMUNITIES | 631 UNITS | 597,711 SF +/-| NEARLY 33 TOTAL AC
  • ALL PROPERTIES LOCATED IN CLOSE PROXIMITY
  • FIRST TIME ON MARKET | ORIGINAL OWNER/DEVELOPER
  • NUMEROUS CAPITAL IMPROVEMENTS IN RECENT YEARS
  • PORTFOLIO OFFERED FREE & CLEAR OF ANY DEBT
  • METRO DETROIT MSA | 4M+ POPULATION | 14THLARGEST IN USA
  • METRO DETROIT HAS ONE OF LARGEST METROPOLITAN ECONOMIES
  • HIGH AND INCREASING DEMAND FOR SENIOR LIVING IN METRO AREA
  • BY 2025 THE POPULATION OVER 75 WILL GROW TO 28.6MM
  • BY 2030 THE POPULATION OVER 75 WILL GROW TO 34.5MM

Description

Five-Community Independent Living Portfolio for sale in affluent and growing demographics in Michigan.

Clinton Township | Sterling Heights | Northville | Livonia, MI

Building Size: 597711sq ft
Lot Size: 32.96 acres

Map of 14265 Middlebelt Rd , Livonia, MI, 48154

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.