Under Contract! 23 Unit USDA-Owned Apartment Complex in Holly, MI

Garden-style apartment complex with 17,071± sf, located at 13470 Dixie Highway, Holly, MI 48442.

DESCRIPTION

Chateau View Apartments is a USDA-owned, 24-unit apartment complex in Holly, MI. The apartments will be auctioned with online only bidding starting at 12:00 pm EST, Tuesday, June 27th. Bidding ends Thursday, June 29th at 12:00 pm, *unless automatically extended by late bidding activity. The apartment complex consists of 3 buildings with 24 units including 1 unit used for an office. The property adjoins the Mt. Holly Ski and Snowboard Resort. The units can be converted to market rates following the sale.

PROPERTY HIGHLIGHTS

  • Starting Bid: $100,000
  • Sale is subject to seller confirmation
  • Garden-style apartment complex
  • 23 units plus 1 office
  • Gross Building Size: 17,071+/- sf
  • 21 One-Bedroom Units
  • 2 Studio Apartments
  • 1 Office
  • Units are separately metered
  • Units can be converted to market rents after the sale
  • Electric heat via baseboard heaters
  • Property is on well with septic
  • Units have individual exterior entrances
  • 2nd floor units have balconies
  • 1 unit is handicap accessible
  • Vinyl siding
  • Asphalt shingle roof
  • Paved parking