Stonegate Village

Description

A 55-unit LIHTC property, located in Pueblo, Colorado. The property is stabilized at market rents. Recently refinanced. The property has little competition. The interest-only portion of the fixed rate financing terminates in 2019. Given its small size, dispostion will be taken in 2019 if market conditions are favorable.

City
Pueblo
State
Colorado
Aquisition date
February 2016
Number of units
55
Surface area
4028 m2
Fair value
3.36 Mio USD