- – beds
- 99 baths
- 318,468 sqft
- 24 sqft lot
- $80 per sqft
- 1974 build
- – on site
Stalking Horse Auction Sale By Court Appointed Receiver - Auction Date: June 20, 2025 at 1:00 PM. Waterford Square is a 406-Unit multifamily community located in one of a prime geographic area within Oakland County, Michigan. Originally constructed in 1973 and rejuvenated in 2012, the property is comprised of thirteen (13) residential buildings, offering a balanced mix of one- and two-bedroom floor plans. Waterford Square is currently 71.67% physically occupied and 80% leased. Nearly $500,000 has been invested or is scheduled to be expended on property improvements since the start of the receivership. The Property received substantial upgrades in the 4th quarter of 2024 and 2025 year-to-date, including five (5) hot water tank or boiler replacements, dozens of units brought to occupancy ready condition, several trees removed and other renovations/improvements. Ideally located in the Township of Waterford, the property is situated near robust job centers all throughout southeastern Michigan. Additionally, the property is near a wide variety of recreational, educational, and retail destinations. Onsite amenities include a swimming pool, fitness center, a spa, and a volleyball court. Bidding requirements can be provided upon request. The property will be sold “as is”. Please refer to the enclosed Bidding Requirements and Auction Rules.
Last checked:
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Last updated Jun 3, 2025
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MLS# 20250037619 —
The Building
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Year Built:1974
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Year Remodeled:2012
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New Construction:false
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Construction Materials:Brick, VinylSiding
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Architectural Style:CommonEntryBuilding
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Levels:Three
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Basement:false
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Foundation Details:Slab
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Security Features:CarbonMonoxideDetectors, SmokeDetectors
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Above Grade Finished Area:318468.0
Interior
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Fireplace:false
Room Dimensions
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Living Area:318468.0
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Living Area Source:Estimated
Location
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Directions:South off of Pontiac Lake Road, West of Scott Lake Road
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Cross Street:Pontiac Lake Road and Scott Lake Road
The Property
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Parcel Number:1323401007
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:24.99
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Lot Size Area:24.99
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Lot Size Dimensions:1130 x 1264
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Lot Size Units:Acres
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Zoning Description:Multi-Family
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Road Frontage Feet:566
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (248) 865-0066
- Office phone:
- (248) 865-0066
Taxes
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Tax Legal Description:T3N, R9E, SEC 23 PART OF SE 1/4 BEG AT PT DIST S 89-46-00 E 754.84 FT & S 00-00-20 E 60 FT FROM CEN OF SEC, TH S 89-46-00 E 566.17 FT, TH S 00-10-06 E 1130.56 FT, TH N 89-16-11 W 1264.32 FT, TH N 00-00-20 W 396.58 FT, TH S 89-46-00 E 343 FT, TH N 00-00-20 W 523 FT, TH S 89-46-00 E 351.84 FT, TH N 00-00-20 W 200 FT TO BEG 25.30 A 5-16-88 FR 005 10-14-14 CORR
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Tax Assessed Value:8560650
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Tax Annual Amount:724411.0
Baths
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Total Baths:99
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Full Baths:99
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
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Cooling:CeilingFans, CentralAir
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Cooling:true
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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High School District:Waterford
The Community
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Senior Community:false
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Pool Features:OutdoorPool
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Waterfront:false
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Pets Allowed:CatsOk, DogsOk
Parking
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Attached Garage:false
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/27/25
May 27, 2025
|
Listed / Active | REALCOMP | $25,500,000 |