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502-558 Village Ln

36,349 SF Speciality Building Offered at £5,438,028 in Milford, MI 48381

Investment Highlights

  • New construction 17-unit condo development
  • Each Unit is 3-Stories with a Garage/Basement, a Spacious First & Second Floor, and a Finished Attic
  • Strong rental/purchase potential
  • Unit mix includes 3-Bedroom/3-Bathroom Units
  • High-end finishes provide a luxurious living experience for residents
  • The average household income within 5 miles is $127,663

Executive Summary

A prime investment opportunity awaits at Milford’s newest luxury-living condo development, Uptown Village. This investment is comprised
of buildings 2 and 3 of the development, consisting of 17 brand-new, meticulously crafted 3-story homes that redefine modern comfort,
offering a perfect blend of style and functionality. Each unit features an expansive layout with high-end finishes, designed for convenience
and elegance.
The basement level includes a spacious 1.-5 car garage, ample storage, and a versatile office space, ideal for working from home. On the first floor, you’ll find an open-concept design featuring a gourmet kitchen, a welcoming dining area, a half-bath, and a bright living room and outdoor deck space perfect for entertaining. The second floor boasts a luxurious master suite complete with a walk-in closet, a second bedroom, a full bathroom, and a laundry area for added convenience. The third-floor attic offers flexibility, making it ideal as a third bedroom, playroom, or private den, complete with an additional bathroom and closet.
Furthermore, the demographic profile of the area reveals a population of over 47,086 within a 5-mile radius, with an average household
income of $127,663. This thriving community presents a promising market for potential tenants or buyers. Situated in the heart of Milford, these sophisticated condos offer the perfect opportunity for any multi-family investment portfolio!

Property Facts

Price £5,438,028
Price Per SF £150
Sale Type Investment
Property Type Speciality
Property Subtype
Residential Income
  • Apartment Buildings
Building Class B
Lot Size 6.42 AC
Building Size 36,349 SF
Number of Floors 3
Year Built 2024

zoning

Zoning Code R-1 (Residential)
R-1 (Residential)
  • Listing ID: 33685121

  • Date on Market: 30/10/2024

  • Last Updated:

  • Address: 502-558 Village Ln, Milford, MI 48381

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