Parkview

Description

An 87-unit LIHTC property, located in Caldwell, Idaho, a suburb of Boise. The property is stabilized with high historical occupancy given scare competition in the immediate area. Fixed rate financing terminates in five years. At that time, options exist to sell the property assuming local market conditions are favorable, or alternatively refinance and continue to generate abovemarket annual yields.

City
Caldwell
State
Idaho
Aquisition date
March 2017
Number of units
87
Surface area
6910 m2
Fair value
3.17 Mio USD