For Sale - 930 VILLAGE GREEN Lane, Waterford, MI 48328

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Scott Hutchison

scott@web-homes.net +1(616) 291-0440

$ 25,500,000

Est. payment | -/mo

99 Baths

24.99 Acres Lot

Save

$ 25,500,000

Est. payment | -/mo

Save

99 Baths

24.99 Acres Lot

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

Listed by James M Galbraith

“Part of my Job as Your Real Estate Expert is to protect you from the incompetency that runs rampet in our industry”

+1(616) 291-0440

scott@web-homes.net

8 N. Bridge Street Suite 104B, Rockford, MI, 49341, United States

930 VILLAGE GREEN Lane Waterford, MI 48328