One11 Residences Loon Lake

For Sale

3058 Dixie Hwy , Waterford, MI 48328

This Waterford property for sale is located at 3058 Dixie Hwy . The current listed sale price for One11 Residences Loon Lake is $1,100,000. One11 Residences Loon Lake is situated on a lot that is 1.08 acre in size.

Contacts

broker

Noor Kalasho

P.A. Commercial

(248) 801-9499

Property Details

  • Property Type Multi-Family
  • Property Size 4,536 SF
  • Units 6
  • Lot Size 1.08 Acre
  • Parking Spaces Avail. 17
  • Property Tenancy Multi-Tenant
  • Year Built 1963
  • Year Renovated 2022
  • Date Updated Mar 19, 2024
Located on the north side of Dixie Hwy, just west of Scott Lake Rd, located on Loon Lake - a beautiful all-sports lake in Waterford.Introducing an exceptional Multi-family investment opportunity nestled on the picturesque shores of Loon Lake in Waterford. This six-unit building offers a unique opportunity for investors or those seeking a peaceful lakeside retreat. The unit mix features 1 two-bedroom condo and 5 one-bedroom apartments that were renovated in 2022 with modern finishes. The property also has six boat slips (2 are occupied), covered parking, and enough parking for 17 vehicles. The residents of the apartment building are able to enjoy stunning waterfront views and serene ambiance all year round. Don't miss out on this exceptional opportunity to own a multi-family lake-front property on one of Oakland County's desirable all-sports lakes!

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Highlights

  • Picturesque & serene lakefront location
  • 6-unit apartment building
  • 100% occupied
  • Additional income opportunity from 6 boat slips
  • Renovated in 2022
  • Located on Loon Lake - an all-sports lake
  • 7.16% CAP

Getting around

  • 33/100

    Walk Score ®

  • 27/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Waterford, MI
  • Neighborhood Waterford
  • Zip Code 48328
  • Market Detroit

Points of Interest

  • Pontiac

    4.17 miles

  • BP

    0.60 miles

  • Marathon

    0.87 miles

  • Sunoco

    1.00 miles

  • Speedway

    1.06 miles

  • Marathon

    1.51 miles

  • Marathon

    1.52 miles

  • Mobil

    1.53 miles

  • BP

    1.79 miles

  • BP

    1.88 miles

  • Meijer

    1.89 miles

  • Fish Hatchery parking

    1.35 miles

  • Waterford Schools Bus Garage

    2.12 miles

  • RMHA Pool Parking Lot

    3.78 miles

  • Pontiiac School Bus Yard

    3.80 miles

  • Phoenix Center

    4.13 miles

  • Boat Trailer Parking

    4.24 miles

  • Notre Dame Preparatory Marist Academy Parking Lot

    4.56 miles

  • Lot G

    5.45 miles

  • North Campus Associate Parking

    5.51 miles

  • Medical Office Building Parking

    5.53 miles

  • Holiday Inn Express & Suites

    1.88 miles

  • TownePlace Suites

    2.75 miles

  • Hampton Inn

    2.85 miles

  • Holiday Inn Express & Suites

    2.88 miles

  • Old Mill Inn

    3.38 miles

  • Quality Inn & Suites

    4.09 miles

  • Hampton Inn & Suites

    5.04 miles

  • Hyatt Place

    5.26 miles

  • Crowne Plaza Auburn Hills

    5.36 miles

  • Sonesta Select Detroit Auburn Hills

    5.59 miles

  • Tenuta's Food Lane

    1.58 miles

  • Meijer

    1.87 miles

  • Gordon Food Service

    2.03 miles

  • Aldi

    2.20 miles

  • Save-A-Lot

    2.44 miles

  • Big Lots

    2.71 miles

  • Forman Mills

    2.79 miles

  • TJ Maxx

    2.93 miles

  • Kohl's

    2.96 miles

  • Burlington

    3.02 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Noor Kalasho

P.A. Commercial

(248) 801-9499