FOUR50 Belmont
450 W Belmont Ave, Chicago, IL, 60657-7516, US
80 unités
Attributs
Nombre d'unités
104
Occupation
100 %
Superficie locative
6 242 mètres carrés
Superficie du terrain brute
12,54 ha
Description du portefeuille
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale Schmitt Meadows I & II, a 104-unit, 100% LIHTC property in Streator, IL. Additionally, the offering is a Senior LIHTC property, which adds stability to operations through reduced turnover and management costs. The Property is currently 100% occupied and the average tenant tenure is eight years. The Offering also presents investors with the opportunity to assume an existing loan held by the Illinois Housing Development Authority, thereby benefitting from a low overall cost of capital.
Points forts de l'investissement
- Stable, Bond-Like Cash Flow & Lack of Affordability
- Attractive Senior Asset
- Accretive Existing Debt
- Limited Supply & Strong Market Fundamentals
Média
Schmitt Meadows Apartments (2 Propriétés)
Schmitt Meadows Apartments (2 Propriétés)
Contactez les courtiers
Rasto GalloSenior Director, Capital Markets
Michael KlaskinSenior Director, Capital Markets
Doug ChildersSenior Managing Director, Affordable Housing Group Leader
Michael FoxManaging Director, Capital Markets
JLL peut vous aider à financer et à gérer votre portefeuille. Envoyez-nous un courriel aujourd'hui pour voir comment nous pouvons vous aider à réaliser vos ambitions.
Dernière mise à jour
26 sept. 2024