Willows of Cumming

Description

A 156-unit LIHTC property, located in Cumming, Georgia, a suburb of Atlanta. The property is a stabilized
asset with competitive fixed rate financing in place. The strategy is to keep rents at maximum permitted levels while controlling expenses. The property is expected to provided yields above market levels. Disposition options would include buyer assumption of debt.

City
Cumming
State
Georgia
Aquisition date
February 2016
Number of units
156
Surface area
13760 m2
Fair value
12 Mio USD