Eagle’s Nest

Description

A 30-unit LIHTC property, located in Rifle, Colorado. It is a stabilized property that is highly dependent upon the local energy (petroleum production) industry. Given its size and very remote location, it will be
marketed for sale in the future once the local economy improves. There is no loan on the property, so it will be positioned free and clear upon disposition.
City
Rifle
State
Colorado
Aquisition date
February 2016
Number of units
30
Surface area
2519 m2
Fair value
1.47 Mio USD