Welcome to Altitude West, an exceptional multifamily community comprising 24 units, strategically positioned adjacent to the prestigious Beaumont Royal Oak hospital. This thriving property, currently enjoying stable cash flow, presents an exciting opportunity for investors seeking to maximize value through strategic renovations and elevate the living experience for residents.
Altitude West presents an exciting investment opportunity with a proven track record of successful renovations and increased rental income. The fact that the property has already undergone renovations, resulting in higher rental rates, establishes a positive precedent for future improvements.
The presence of an effective property management team at Altitude West ensures a seamless transition for owners and contributes to the overall success of the investment.
In summary, Altitude West offers a unique blend of stability, strategic location, and renovation potential, making it an ideal choice for investors seeking long-term appreciation and value growth in the dynamic real estate market of Royal Oak.
Property Type :
Multifamily
Subdivision :
Oakland Highlands
County :
Oakland
Style :
Multifamily
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ByOwner last updated this listing 05/17/2024 @ 21:59
MLS: 599331321
LISTED BY: Brady Williams , Greater Development LLC
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 1%
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.
