Friedman Real Estate’s Peter Jankowski and Rich Deptula recently completed the sale of the 38-unit Creekside Village Townhomes located at 24801 Mayfair Street in Flat Rock, Michigan. The property sold for $69,079 per unit, totaling $2,625,000. Friedman represented the seller in this transaction, reinforcing our leadership in Michigan’s multifamily investment market.
About Creekside Village Townhomes
Creekside Village Townhomes is a well-maintained multifamily community offering spacious layouts and modern amenities. Located in Flat Rock, MI, the property benefits from strong demographics, proximity to major highways, and access to local retail and employment centers. This makes it an attractive investment for buyers seeking stable cash flow and long-term appreciation.
Why This Sale Matters
The sale of Creekside Village Townhomes highlights continued investor demand for quality multifamily assets in Southeast Michigan. Despite market volatility, multifamily properties remain a preferred asset class because of their resilience and income stability. Friedman Real Estate’s ability to market and close this deal demonstrates our expertise in navigating complex transactions and delivering results that align with client objectives.
Moreover, this transaction reflects broader trends in the CRE market. Investors are increasingly targeting suburban communities like Flat Rock due to strong occupancy rates and consistent rental demand. As a result, properties such as Creekside Village Townhomes are commanding competitive pricing and attracting interest from regional and national buyers.
Friedman Real Estate: Your Multifamily Brokerage Partner
Looking to buy, sell, or invest in multifamily properties? Friedman Real Estate provides full-service brokerage solutions across Michigan and the Midwest. Our team offers market analysis, strategic advisory, and transaction management to help clients achieve their investment goals.
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About Peter Jankowski and Rich Deptula
Peter Jankowski and Rich Deptula are seasoned professionals specializing in multifamily investment sales. Their deep market knowledge and client-first approach have resulted in successful tr
