Investment Highlights

ARRINGTON ESTATES OF WEST MEMPHIS

  • Strong positive occupancy trend over the past six months with the current occupancy rate above 98%
  • Buyer may place new financing on the asset

RIDGECREST ESTATES

  • Eligible for conversion to market rate through the qualified contract process in 2024 with an average spread to market rate rents of $100
  • Buyer may place new financing on the asset

ARRINGTON ESTATES OF HENDERSON

  • Eligible for resyndication and placement back into the Section 42 LIHTC process of the following December 31, 2020
  • Buyer may place new financing on the asset

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Arkansas & Tennessee Multifamily Portfolio

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Arkansas & Tennessee Multifamily Portfolio

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