Brentwood Oaks

Description

A 74 unit LIHTC property. It is located in Fredericksburg, Texas, near San Antonio. Recently refinanced. The property has made application for the removal of LIHTC rent restrictions. The local market has a shortage of rental properties and it is expected that rents will grow once transition to market is underway at this well maintained, attractive property.

City
Fredericksburg
State
Texas
Aquisition date
February 2016
Number of units
74
Surface area
6929 m2
Fair value
5.5 Mio USD