Somerset Bay (Spring Hill, FL)
Bay Dr, Spring Hill, FL 34608, USA, Spring Hill, FL, 34608, US
144 单元
属性
单位数量
210
占用率
97%
建成年份
1971
翻新年份
2009
资产描述
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale Bay Pointe Tower, a 210-unit property in South Pasadena, FL. The Offering is a well-maintained senior Property located in the premium Tampa MSA. The Property is currently encumbered by a Section 236 Use Agreement and Project Based Voucher (PBV) contract. Based on the current tenant profile, an Investor can unlock tax savings through Florida's Elderly Tax Exemption. An Investor will also benefit from flexibility at reversion when the Use Agreement expires (allowing for conversion to market rate); alternatively, a Buyer could execute an affordable preservation via 4% tax credits and/or other incentives designed to maintain affordability.
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投资亮点
- Well-maintained & Highly Amenitzed Senior Property
- Severe Lack of Affordability Driving Demand
- Untapped Tax Savings via Florida Elderly Tax Exemption
- St. Petersburg's Tourism: Driving Economic Prosperity and Employment
- Located in Premium Tampa Bay MSA
- Affordable Expiration + Reversion Flexibility
媒体
Bay Pointe Tower (0个物业)
联系经纪人
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最后更新
2025年5月1日