Pajaro Vista

1955 Pajaro Lane, Freedom, CA 95019

OVERVIEW

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The Affordable Housing Group is pleased to present the opportunity to acquire Pajaro Vista, a 106 unit seniors designated affordable housing property, located in Freedom, CA. The property is 100% HAP with the contract covering 106 units.

Pajaro Vista is being offered without an asking price.

Investment Highlights

PROPERTY

Located in the Santa Cruz market and Freedom sub market

Historical Occupancy above 98% with a property waitlist over 3 years

 

value

 Project-Based Section 8;
HAP Contract expiring 2035

Opportunity

Opportunity for rehab & LIHTC syndication with rents $540 below post-rehab market

Opportunity for management upside through expense reductions

INVESTMENT ADVISORY TEAM

John L Nguyen

John L Nguyen

Managing Director

   Affordable Housing Group

  • MOBILE: 714-356-5049
  • EMAIL: john@national-ahg.com
  • LIC NO.: 01303273
Jesse Elsanhuty

Jesse Elsanhuty

Managing Director

   Affordable Housing Group

  • MOBILE: 562-320-3614
  • EMAIL: jesse@national-ahg.com
  • LIC NO.: 01773542
Brian Luethke

Brian Luethke

Director

   Affordable Housing Group

  • MOBILE: 201-983-7727
  • EMAIL: brian@national-ahg.com
  • LIC NO.: 02191657