Oakland County, Madison Heights, MI 48071

MASSIVE VALUE PLAY - 40,159 SF INSTITUTIONAL BUILDING ON 2 ACRES - OAKLAND COUNTY MI - APPRAISED AT 6.5M - ASKING 3.15M MULTI-STRATEGY REPOSITION - MADISON HEIGHTS MICHIGAN - PICK YOUR EXIT THE NUMBERS Asking price: 3,150,000 February 2026 appraised value: 6,500,000(AS-IS) Buying at 48 percent of current appraised value 2026 SEV: 2,760,720 - taxable value 2,410,030 Annual property taxes approximately 152,000 Prior sale: 12,890,000 in 2004 EMD: 100,000 COE: September 8, 2026 PICK YOUR PLAY - MULTIPLE PROVEN EXITS Assisted living or adult foster care - pro forma at 80 percent occupancy projects 2.5M plus annual NOI with HUD 232 refi path Behavioral health, memory care, or substance abuse treatment facility - purpose-built layout with nursing stations, therapy rooms, and commercial kitchen already in place Multifamily conversion - 80 rooms each with private bathroom access, R-MF zoning already in place, no rezoning fight Senior independent living - permitted use under current zoning Transitional, veteran, or supportive housing - government contract revenue models fit this footprint Co-living or workforce housing - dining rooms, commercial kitchen, and common areas already built Hold and flip - at 48 percent of appraisal there is room to wholesale, stabilize, or re-trade WHY THIS DEAL EXISTS Operated as a skilled nursing home through 2024 and ceased operations in 2025 Distressed situation drives the discount - not a long-dark shell Recent operations mean intact systems and faster reactivation for any use PROPERTY DETAILS 40,159 SF gross building area on 2.016 acres - 87,500 SF lot 168 beds, 84 per floor - 80 resident rooms Built 1970 - two story plus full basement Basement build-out potential for 40 additional beds plus existing offices, therapy rooms, and laundry Full commercial kitchen on site Zoning: R-MF Residential Multi-Family - grandfathered institutional use plus by-right residential paths 72 free surface parking spaces - exceeds code requirement of 51 Delivered free and clear of debt, encumbrances, and operating agreements DOCUMENTED CAPITAL IMPROVEMENTS Duro-Last TPO roof - 20 year no dollar limit warranty confirmed in writing by manufacturer, in effect through June 2036 Both hydraulic elevators fully modernized 2017 130-kW natural gas emergency generator 2000 amp three phase power DUE DILIGENCE PACKAGE IN HAND February 2026 appraisal Third party zoning compliance report - no open zoning or building violations ALTA land title survey Environmental site assessment Roof warranty confirmation letter Current tax bills WHY THIS LOCATION WINS Dense Oakland County submarket - 32,000 plus vehicles per day traffic count Minutes from I-75 and I-696 Meijer, Costco, Home Depot, Lowes retail corridor Not in a FEMA special flood hazard area - Zone X COMPARABLE SALE 535 N Main St, Clawson MI - 31,728 SF former nursing facility - sold 6,000,000 on 11/03/2025 TERMS Address released with proof of funds only Buyer pays 425 transaction coordination fee Serious cash or hard money buyers only DISCLAIMER JNA Dynamic Holdings LLC holds an equitable interest in this property and is marketing its interest in the purchase agreement, not the property itself. This is not an offer of real estate for sale by a licensed broker. CONTACT JNA Dynamic Holdings LLC [contact details hidden]