*APPROVED 57-UNIT TOWNHOME DEVELOPMENT* Extremely RARE opportunity to purchase a fully engineered multifamily development project in a highly desirable area of Shelby Township, Michigan. Attractive and efficient townhome designs by award-winning architect Martini-Samartino Design Group feature 1,650 sq. ft., 2 bedroom and 2 bathroom designs with a one car, front entry garage. Area comparable sales support sales prices up to $350K+. This project can be sold as condominiums or leased as a luxury rental community. Formerly the soccer fields of Macomb Church, the site features easy access off Schoenherr Road, just North of 22 Mile Road. Sale includes engineering plans, architectural plans, and permits.
* This payment calculator is intended for educational and planning purposes only. ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
