Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2025 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
CONTACT Info
260 E. Brown Street, Ste 150
Birmingham, MI 48009
Phone: 248.646.7701
Berkadia.com
Detroit Office
Kevin Dillon
Senior Managing Director
248.341.3309
kevin.dillon@berkadia.com
Rick Brace
Senior Director
248.341.3319
rick.brace@berkadia.com
Charley Henneghan
Director
248.341.3303 charley.henneghan@berkadia.com
Jason Krug
Senior Managing Director
248.341.3344
jason.krug@berkadia.com
Corey Krug
Senior Director
248.341.3338
corey.krug@berkadia.com
EJ Wujek
Associate Director
248.341.3316
ej.wujek@berkadia.com
Conor David
Director
614.796.0222
conor.david@berkadia.com
Investment Sales
Mortgage Bankers
Peter Benedetto
Senior Managing Director
248.208.3462
peter.benedetto@berkadia.com
Jillian Maki
Director
248.208.3465
jillian.maki@berkadia.com
GALLERY
THE LOCATION
Major Employers
unit amenities
Soft Close Kitchen Cabinets
Quartz Style Countertops
Glass Tile Kitchen Backsplash
Stainless Steel Appliances
Nickel Finishes
wood-style LVT flooring
Dishwasher
Large Closets
Ceiling Fan
Air ConditioneR
•
•
•
•
•
•
•
•
•
•
COMMUNITY AMENITIES
Swimming PooL
Sundeck
Laundry Facilities
Playground
On-Site Maintenance
Dog Park Coming Soon
•
•
•
•
•
•
Property Name
Address
City, State, Zip
Units
Built
Buildings
Stories
Site Size / Acreage
SF
Average SF
Rent / SF
Total Parking
Town and Country
48200 West Pontiac Trail
Wixom, MI 48393
120
1979
6
2
7.48 acres
104,264
869 SF
$1.42
244 spaces
Property Summary
PROPERTY OVERVIEW
Prime Location
Located just Northwest of the I-696/I-275 Interchange in Oakland County, Town & Country is well located in a strong growth community in the city of Wixom. The close proximity to these highways grants tenants easy access to many major employment, entertainment, and shopping hubs.
Value-Add Opportunity
Significant upside remains for a new owner to complete renovations on the remaining 10 units. Additional upside can be achieved through organic rent growth while turning over the original post renovation lease-up tenants. Current ownership has successfully completed a full renovation of 110 units.
Excellent Market Metrics
Wixom is an exceptional rental community with a well-educated upscale resident base. The property is 95% preleased as of August 31, 2023. Due to the limited new construction and the high barriers to enter for new properties, the market is anticipated to remain strong.
Financing
Free and clear of existing debt at closing. A new owner will have the flexibility to obtain short-term or long-term financing through a local or regional bank or an Agency lender, Fannie Mae, Freddie Mac or HUD. This may offer an oppotyunity to take cash out through a supplemental loan or a refinance scenario in the next few years.
Recent CAPEX
The owners have invested over $2.85 million over the past two years ensuring that Town & Country remains a highly sought after community. Improvements include a full renovation of 108 units, common areas, and exteriors which demonstrates the high-end experience that comes with living at Town & Country.
INVESTMENT HIGHLIGHTS
Beautifully Renovated in 2023 is the Town & Country Apartments, an upscale 120-unit, garden-style, apartment community located in the attractive Wixom submarket. Built in 1979, the property contains six, two-story, concrete block and wood-frame constructed buildings with pitched roofs. The property is lushly landscaped with manicured grass areas, mature trees, and trimmed shrubs. Situated on 7.48 acres of land with a density of 16.04 units per acre, Town & Country contains a desirable unit mix comprised of 31 one-bedroom units measuring 695 square feet, and 89 two-bedroom units averaging 926 square feet, with an average unit size of 869 square feet.
Since 2023, the property received approximately $2.85 million in significant capital improvements, including exterior paint/siding, clubhouse improvements, common hallways, asphalt replacement and seal coating, and landscaping. Additionally, every unit has undergone significant renovations equipped with quartz countertops, stainless steel appliances, dishwashers, glass tile backsplash, wood-style LVT flooring, modern hardware, contemporary lighting / plumbing fixtures, and soft-close white shaker cabinets / vanities.
Town & Country offers residents a quiet, neighborhood living atmosphere without sacrificing proximity to major employment, entertainment, and easy access to both the Detroit & Ann Arbor / Lansing MSAs. Attractive market positioning, competitive amenities, spacious floor plans, and prominence in the SE Oakland County Market ensure the long-term viability and performance of the property. Oakland County boasts a diverse economic base, attractive demographics, and steady population growth.
Visit Doc Center
Contact Us
THE ASSET
Visit Doc Center
See More Stats
867
AVG UNIT
SIZE
103,992
SQ FT
1979
BUILT
120
UNITS
48200 West Pontiac Trail| Wixom, MI 48393
Home
The Asset
Location
Photo Gallery
Contact
Doc Center
Privacy
Terms of Use
The Asset
Highlights
DOC CENTER
Terms of Use
Privacy
Contact
Location
Gallery