96 Village Ct, Ortonville Village, MI 48462

Property Description

One of two properties being offered. The adjacent 8 unit (identical to this one) can also be purchased for the same price. Village Court Apartments consist of 8 units nestled in Ortonville, MI. The property consists of 8 two bedroom one bath apartments, 750 square feet each. The property is currently 100% occupied grossing over $10,065 per month in gross revenue. There are four buildings for the 16 units on the property - all built in 1970. The property is on a private septic and sewer system - that is maintained by the current owner. This reduces the water burden cost on the tenant, as well as the landlord. The units are equipped with electric baseboard heat, and tenants are allowed to bring an AC unit into their apartment. The units are individually metered for electric (tenant paid) and there is no gas on the property. There is ample parking for the 16 units - the property sits on 2.5 acres. Each unit has its own stacked washer and dryer, a huge amenity for tenants.