Millpond Manor

Sold | $5,100,000

Fenton, MI | Units: 65 | Price Per Unit: $78,462 | Avg Sq Ft: 667 | Listing Agent: A.J. Beachum, J.D.

Location

Executive Summary

Millpond Manor has 65 spacious apartment homes with 58 one-bedroom and one-bath units, each measuring 648 square feet and 7 two-bedroom and one-bath units. It was built in 1996 and has been well maintained over the years with mature trees and landscaping. Currently Millpond Manor is operating at 96.5% physical occupancy and has maintained this level of performance for many years, requiring only minimal management oversight from ownership.