Courtesy: OakPointe Real Estate Advisors
Michael McClafferty
The 12-unit Village Commons townhome community in Livingston County is offered in combination with the apartments at 240 Park Street, located approximately one mile away, creating a 44-unit multifamily investment opportunity. Village Commons consists exclusively of three-bedroom, two-bath townhomes featuring attached garages, private entrances, and in-unit laundry. The community is currently 100% occupied. Average rents are estimated to be approximately 35% to 40% below the cost of comparable single-family homeownership within the Livingston County market, supporting continued rent growth and long-term demand from residents seeking the space and privacy of a home at a more attainable monthly cost.
Putnam Twp is located in Michigan. Putnam Twp, Michigan has a population of 1,029.
The median household income in Putnam Twp, Michigan is $83,094. The median household income for the surrounding county is $88,908 compared to the national median of $69,021. The median age of people living in Putnam Twp is 42.8 years.
The average high temperature in July is 82.1 degrees, with an average low temperature in January of 14.8 degrees. The average rainfall is approximately 33.4 inches per year, with 40.2 inches of snow per year.
