9295 Cedar Creek Court, Mundy, MI 48473
Local realty services provided by:ERA Prime Real Estate Group
9295 Cedar Creek Court,Swartzcreek, MI 48473
$2,600,000
- - Beds
- 45 Baths
- 20,190 sq. ft.
- Multi-family
- Active
Listed by: ahsan tarar
Office: tarar homes
MLS#:20261068063
Source:MI_REALCOMP
Price summary
- Price:$2,600,000
- Price per sq. ft.:$128.78
About this home
Rare opportunity to acquire a 15-unit, newer-construction multifamily portfolio in Swartz Creek offering strong in-place income, significant rental upside, and multiple exit strategies.
Built in 2010, each unit features 3 bedrooms, 2.1 bathrooms, a private full basement, second-floor laundry, primary suite with private bath, and attached 2.5-car garage. Tenants enjoy the space and privacy of a single-family home while ownership benefits from the efficiency of a multifamily investment.
Each condo is individually parceled and separately metered, all utilities are paid by the tenants, and there is currently no HOA, allowing for minimal owner involvement.
Current rents max out around $1,450 per month, while estimated market rents are approximately $1,750, creating up to $300 per unit in monthly upside, or $54,000 annually across the portfolio. With newer construction and minimal updating needed, investors can focus on increasing revenue rather than major renovations.
Operate the portfolio as a traditional multifamily community, increase NOI through rent growth, or take advantage of the individually parceled units for future resale or equity strategies.
15 units. 45 bedrooms. Private basements. 15 attached 2.5-car garages. Individually parceled. Individually metered. Tenant-paid utilities. No HOA. Newer construction. Significant rental upside.
A unique opportunity to acquire a low-maintenance asset with strong cash flow potential, built-in appreciation, and multiple paths to create value....
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Home facts
- Year built:2010
- Subdivision & Development:CEDAR CREEK TOWN HOMES CONDO
- Listing ID #:20261068063
- Added:12 day(s) ago
- Updated:September 07, 2026 at 10:26 AM
Rooms and interior
- Total bathrooms:45
- Full bathrooms:30
- Half bathrooms:15
- Basement Description:Full, Unfinished
- Living area:20,190 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:2010
- Building area:20,190 sq. ft.
- Lot area:1.5 Acres
- Architectural Style:Bungalow
- Construction Materials:Aluminum Siding, Brick
- Foundation Description:Basement, Poured, Sump Pump
- Levels:Two
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,600,000
- Price per sq. ft.:$128.78
- Tax amount:$59,790
Features and amenities
- Laundry features:In Unit
Parking
- Parking description:Garage
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