Skip to main content

Multifamily

Hidden Harbor Apartments

305 W Locust St, Three Oaks, MI 49128

Listing Price: $4,600,000

Cap Rate
6.58%
Number of Units
48
GRM
8.10
Price/Unit
$95,833

Investment Overview

Vibrant but small town living is what Three Oaks is about. Coffee, art, theatre, whisky and more. Local businesses and their people make this town special.

Investment Highlights

  • Forty renovated 1, 2, and 3 bedroom apartments. All units offer new luxury soft-close cabinetry, new countertops, bathroom vanities, flooring, and modern paint and trim throughout.
  • City park right next to the property and convenient access to the local grocery store across the street
  • Eight units built in 2023 that consist of two 3-bedroom townhomes and six 2 bedroom townhome units

Exclusively Listed By

  • Samuel McCarthy

    Senior Associate

    (630) 570-2233

    Email Samuel

    License(s): IL: 475.176464

    Chicago Oak Brook

  • Scott D. Harris

    Senior Managing Director Investments

    (630) 570-2220

    Email Scott

    License(s): IA: B65027000, WI: 15869-90, IN: RB14049474, IL: 475.139778

    Chicago Oak Brook

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s) MI: 6502387903

    Michigan

Multifamily

Hidden Harbor Apartments

Listing Price: $4,600,000

Cap Rate
6.58%
Number of Units
48
GRM
8.10
Price/Unit
$95,833

Investment Highlights

  • Forty renovated 1, 2, and 3 bedroom apartments. All units offer new luxury soft-close cabinetry, new countertops, bathroom vanities, flooring, and modern paint and trim throughout.
  • City park right next to the property and convenient access to the local grocery store across the street
  • Eight units built in 2023 that consist of two 3-bedroom townhomes and six 2 bedroom townhome units

Investment Overview

Vibrant but small town living is what Three Oaks is about. Coffee, art, theatre, whisky and more. Local businesses and their people make this town special.

Exclusively Listed By

  • Samuel McCarthy

    Senior Associate

    (630) 570-2233

    Email Samuel

    License(s): IL: 475.176464

    Chicago Oak Brook

  • Scott D. Harris

    Senior Managing Director Investments

    (630) 570-2220

    Email Scott

    License(s): IA: B65027000, WI: 15869-90, IN: RB14049474, IL: 475.139778

    Chicago Oak Brook

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s): MI: 6502387903

    Michigan

MM Texture Background
MM Textured Background Lower