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Jenn Smart

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9295 Cedar Creek , Swartz Creek, MI 48473
$2,600,000
Est. Payment: $13,548.96/mo
0 Bed
45 Bath
20190 Sqft
Status: active | Days on site: 7
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

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.

Highlights

Listed by Ahsan Tarar , 313-888-0315 Tarar Homes , 313-888-0315. MiRealSource, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
1.5

Year Built

2010

County

Genesee

Area

Swartz Creek (25033)

Neighborhood

Cedar Creek Town Homes Condo

School District

Swartz Creek Community Schools

Listing ID

61024437

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:45
  • Full Bathrooms:30
  • 1/2 Bathrooms:15
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:20190
Basement:Poured
Water:Public Water

Exterior Features

Lot Dimensions:200x326.7
Zoning:Residential
Principal Interest
$13,549
Taxes
$4,983

Home Price

$2,600,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$520,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$13,548.96

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,548.96 $4,982.50 $0.00 $18,531.46
Yearly $162,587.54 $59,790.00 $0.00 $222,377.54
Total $4,877,626.19 $1,793,700.00 $0.00 $6,671,326.19
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Swartz Creek, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-02T01:10:54.300Z

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