930 VILLAGE GREEN Lane new Save Request In-Person Tour Request Virtual Tour
Waterford,MI 48328
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Waterford Twp
Subdivision Waterford Twp
MLS Listing ID 20250037619
Year Built 1974
Annual Tax Amount $724,411
Lot Size 24.990 Acres
Acres 24.99
Lot Dimensions 1130 x 1264
Source Realcomp
Property Description
Stalking Horse Auction Sale By Court Appointed Receiver - Auction Date: June 20, 2025 at 1:00 PM. Waterford Square is a 406-Unit multifamily community located in one of a prime geographic area within Oakland County, Michigan. Originally constructed in 1973 and rejuvenated in 2012, the property is comprised of thirteen (13) residential buildings, offering a balanced mix of one- and two-bedroom floor plans. Waterford Square is currently 71.67% physically occupied and 80% leased. Nearly $500,000 has been invested or is scheduled to be expended on property improvements since the start of the receivership. The Property received substantial upgrades in the 4th quarter of 2024 and 2025 year-to-date, including five (5) hot water tank or boiler replacements, dozens of units brought to occupancy ready condition, several trees removed and other renovations/improvements. Ideally located in the Township of Waterford, the property is situated near robust job centers all throughout southeastern Michigan. Additionally, the property is near a wide variety of recreational, educational, and retail destinations. Onsite amenities include a swimming pool, fitness center, a spa, and a volleyball court. Bidding requirements can be provided upon request. The property will be sold “as is”. Please refer to the enclosed Bidding Requirements and Auction Rules.
Location
State MI
County Oakland
Area Oakland County - 70
Zoning Multi-Family
Direction South off of Pontiac Lake Road, West of Scott Lake Road
Rooms
Basement Slab
Interior
Heating Forced Air
Cooling Central Air
Exterior
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick,Vinyl Siding
Schools
School District Waterford
Others
Tax ID 1323401007
Acceptable Financing Cash
Listing Terms Cash