Washington Heights

Description

A 48-unit LIHTC property for seniors, located in a suburb of Kansas City, Kansas. The property is in transition to market and subsequent rent restriction removals over the next several years. This will increase rents and lift the value of the property, positioning it for beneficial disposition or refinancing options in 4 years.

City
Kansas City
State
Kansas
Aquisition date
February 2016
Number of units
48
Surface area
3066 m2
Fair value
2.8 Mio USD