National development foundation Portfolio

southern florida

OVERVIEW

The NDF portfolio presents a unique investment opportunity, comprising five properties across three cities in South Florida. Three properties are HOME, one property SAIL, and one property 9% LIHTC. This family-designated portfolio offers a range of units, from 2-bedroom apartments to 4-bedroom townhomes.

The portfolio has been well-managed, maintaining a high historical occupancy rate averaging over 95%. There is a value-add opportunity for a non-profit organization to assume the Home Loans, which offer favorable terms, and to recast them. Additionally, the portfolio can be syndicated through 4% LIHTC bonds, enabling a buyer to maximize LIHTC rents and reduce operating costs.

You must sign the CA to view the due diligence files. Once signed, you will be granted access within 24 hours or less.

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If you are having issues accessing documents, please reach out at info@national-ahg.com.

Investment Highlights

PROPERTY

Five Property Portfolio Located in South Florida

value

Constructed Using HOME Loans, SAIL loans, and 9% Tax Credits

Opportunity

Strong Cash-Flowing Opportunity

Opportunity to Recast HOME Loans in Year 19

Opportunity for Non-Profit to Assume HOME Loans with Favorable Terms

LISTING BROKER

Jennifer Stein

Jennifer Stein

Listing Broker

   JSRE Real Estate Services

  • MOBILE: 213-446-5366
  • EMAIL: jstein@jenniferstein-realestate.com
  • License #: CQ1063472