The Village Commons
711 Cattail Ln, Pinckney, MI, 48169
3-Bedroom, 2-Bath Townhomes Attached Garages
$2,850,000
Price
$158
$/SF
$237,500
Price Per Unit
12
Number of Units
7.05%
Cap Rate
100%
Occupancy
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$2,850,000
Price
$158
$/SF
$237,500
Price Per Unit
12
Number of Units
7.05%
Cap Rate
100%
Occupancy
Investment Highlights
Rare 3-bedroom 2-bath townhome rental community in supply-constrained Livingston County with tenant-paid gas and electric utilities
Ownership-style rental format (private entry, attached garage, multi-level layout). Demonstrated demand for family-sized rental housing in lieu of starter-home ownership
Low-density suburban site across 6.86 acres with 100% occupied 12-unit property with stable in-place income
Attractive basis at ~$237,500 per unit relative to replacement cost
Location Summary
Demographic profile shows affluent suburban renter base with avg HH income ~$130kâ$146k within 3â5 miles.
Suburban lifestyle market appealing to families priced out of homeownership. Estimated ownership cost at 7% mortgage: ~$2,600â$3,100/month (PITI)
Proximity to Brighton, Howell, and Ann Arbor employment nodes
FOR MORE DETAILS CONTACT
Michael McClafferty
Managing Broker
(248) 972-7040
michael@oakpointeadvisors.com
6502432961
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