950 Village Green Lane Waterford, MI 48328
DOC
CENTER
QUICK STATS
309,602 SF
SF:
16.21 units/acre
Density:
1,266 Spaces
Total Parking
3
Stories
13
Buildings
1974
Built
406
UNITS
24.99 acres
Site Size / Acreage:
[CEROS OBJECT]
AMENITIES
Fitness Center
Business Center
Laundry Facilities
Clubhouse
Volleyball Court
Playground
BBQ Area
Air Conditioning
Fully Equipped Kitchen
Eat-In Kitchen
Walk-In Closets
Ceiling Fan
Patio / Balcony
Intercom
Swimming Pool and Sundeck
[CEROS OBJECT]
[CEROS OBJECT]
Opportunity Highlights
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LOCATION
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950 Village Green Lane | Waterford, MI 48328
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.
© 2024 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.
260 E. Brown Street, Ste 150
Birmingham, MI 48009
Phone: 248.646.7701
Berkadia.com
Investment Sales
Detroit Office
CONTACT Info
Mortgage Bankers
Aaron Moll
Senior Director 248.208.0529 aaron.moll@berkadia.com
Rick Brace
Senior Director
248.341.3319
rick.brace@berkadia.com
Conor David
Director
614.796.0222
conor.david@berkadia.com
EJ Wujek
Associate Director 248.341.3316 ej.wujek@berkadia.com
Charley Henneghan
Director
248.341.3303
charley.henneghan@berkadia.com
Kevin P. Dillon
Senior Managing Director
248.341.3309
kevin.dillon@berkadia.com
Corey Krug
Senior Director
248.341.3338
corey.krug@berkadia.com
Jason Krug
Senior Managing Director
248.341.3344
jason.krug@berkadia.com
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Significant upside through Stabilization/Repositioning
Unexplored Value-Add Opportunity
Attractive Oakland County Location
784 SF
Average SF:
Quality Submarket Metrics (Pontiac/Waterford)
3.1% Rent Growth; 95% Occupancy Rate
Limited New Supply
Exceptional Unit Mix
25% - 1 Bed; 75% - 2 Bed
100% Classic Units
[CEROS OBJECT]
Significant upside through Stabilization/Repositioning
Quality Submarket Metrics (Pontiac/Waterford)
3.1% Rent Growth; 95% Occupancy Rate
Exceptional Unit Mix
25% - 1 Bed; 75% - 2 Bed
Limited New Supply
Unexplored Value-Add Opportunity
Opportunity Highlights
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Attractive Oakland County Location