9 efficiency units with consistently strong occupancy (over 95%)
Average rents ~$1,085/unit with upside to market
Current 7.43% cap | 8.04% pro forma
2.20 acres across two parcels with excess land
Commerical Zoning with development opportunities
Location Summary
Dixie Efficiency Apartments is located in Holly, Michigan in Northern Oakland County, a desirable suburban submarket along the Dixie Highway corridor with direct access to I-75 and regional employment centers. The surrounding area features low-density residential housing, major recreation anchors including Mt. Holly and Holly Recreation Area, and stable suburban demographics supporting consistent workforce housing demand.
Northern Oakland County demonstrates strong income fundamentals, with average household income exceeding $120,000 within a 3-mile radius. Holly’s proximity to employment nodes across Oakland and Genesee Counties combined with relative housing affordability supports sustained demand for attainable rental housing such as efficiency units.
