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Glengarry Park

Glengarry Park is a three-story, 300-unit apartment community, located at 850 Williamsbury Drive on Pontiac Lake Road between Highland Road and Cass Lake Road in Waterford, MI. The property contains spacious units with an excellent mix of 1- and 2-bedroom apartments. Centrally located in the heart of Oakland County, there are tremendous linkages to healthcare, county, governmental and automotive employers. It is positioned adjacent to the Highland Road retail corridor, just east of a Meijer supercenter and minutes away from M-59 and a plethora of other restaurants, retail outlets, and entertainment offerings. The property has excellent visibility and access from Pontiac Lake Road, with a large market window.

UPDATE: GSH sold Glengarry Park, a 300-unit apartment community in Waterford, MI in July 2024. Initially purchased in Q4 of 2019 for $22.6 million, the property sold at the end of June for $31.35 million, achieving an impressive IRR of over 18%!  See our blog for sale details

Highlights

  • Proximity to Employers
  • Close to Retail and shops
  • cosmetic renovations applied

Location:

Waterford, MI

Units:

300

Acquired:

Q4 2019

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