Welcome to a rare and exceptional opportunity in the heart of Lake Orion, Michigan! This raw land parcel is fully approved for the construction of 16 luxurious apartments, offering a perfect blend of suburban tranquility and urban convenience. Located just a short walk away from the charming downtown area of Lake Orion and Lake Orion, this property is surrounded by major developments, ensuring a promising return on investment for savvy developers and investors. With all necessary permits and approvals already in place, this property is ready for construction to begin on the new apartment complex. Take advantage of the thriving real estate market in Lake Orion and bring your vision to life in this highly desirable location. Don't miss out on this incredible opportunity to create a landmark development in a prime location. Reach out today to learn more about this property and make your mark on the vibrant community of Lake Orion, Michigan!
* 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.