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Missouri HAP Portfolio

Missouri HAP Portfolio_Property for Sale

Attributes

Number of units
183
Year built
1980
Occupancy
90.2%
Building area net
10,852 m²

Portfolio description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale the Missouri HAP Portfolio. The Portfolio is comprised of four properties (Pioneer House, North Valley Townhomes, Princeton Manor, Oakwood Terrace) totaling 183 units. The Properties all benefit from HAP contracts on 100% of units and Princeton Manor & Oakwood Terrace are encumbered by a LIHTC LURA on 100% of units. An Investor will benefit from the Properties’ stable operations provided by the HAP contract and amplified by the lack of multi-family competitors in these Missouri markets.


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Investment Highlights

  • HAP Contract Provides Stable Operations
  • Limited Rental Housing Supply Increases Demand
  • Attractive Senior Assets
  • Located in Premium Kansas City MSA (Pioneer House)
Missouri HAP Portfolio 4_Property for Sale
Missouri HAP Portfolio 4_Property for Sale
Missouri HAP Portfolio (4 Properties)
Missouri HAP Portfolio (4 Properties)

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Last updated
2 Jul 2024