18 Units Studio Apartment/Motel Located Off Dixie Hwy in Davisburg. Well Maintained. We are undergoing transforming every room currently to subsidized housing section 8 which includes new mini kitchens. 18 units x $885 avg = $191,660 year. We have an excellent relationship with multiple housing agencies who send endless people to us for application. Propane is used for the water heater only. Motel was in the Movie Real Steel.
Updates as follows
1.) 100% complete rewire with (5) dedicated circuits to each room.
2.) Attic and basement and access tunnel new lighting and branch circuit infrastructure
4.) New electric baseboard heat every unit
5.) Wifi enabled remote control (property owner) thermostats every unit. Stops anyone from increasing temp past setting.
6.) All units remote control push button front door locks. Wifi enabled to control entry. Codes can be changed remote.
7.) complete 16 high definition camera system with microphones and large capacity NVR storage device to monitor premises.
8.) Mostly new flat screen TV’s with remote
9.) New WiFi routers and boosters throughout bldg
10.) Wifi enabled remote relay system to monitor and control individual unit power consumption. Power can be turned on and off to individual circuits via remote access.
11.) New PEX hot and cold water feeds throughout complete bldg
12.) New Blown in insulation in attic
13.) LED lighting installed throughout
14.) LED exterior wall pack lights installed
15.) LED porch lights installed
16.) New bushes flower beds and mulch
17.) New septic field
18.) New septic tank access lids
Basically this place can run itself via technology and remote control without on site management.
Property Type :
Multifamily
County :
Oakland
Style :
Multifamily
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ByOwner last updated this listing 04/27/2024 @ 14:30
MLS: 598401316
LISTED BY: Thomas Wilhelm , Wilhelm & Associates
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
