Investment Highlights

  • Property eligible for resyndication with the Section 42 LIHTC program after December 31, 2022
  • Current asking rents are on average $50 to $75 below market rents based on nearby rent comparables
  • Buyer may place new financing on the asset
  • Two-bedroom units feature a balcony or patio, dishwasher, air conditioning, cable television, and in-unit washer and dryer connections
  • Community amenities include a clubhouse, playground, basketball court, and leasing office

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