Santa Monica Affordable Collection_Immobilie zu verkaufen
Santa Monica Affordable Collection_Immobilie zu verkaufen
11 Property Portfolio

Santa Monica Affordable Collection

Objektbeschreibung

JLL, as exclusive advisor, is pleased to present for sale the Santa Monica Affordable Collection (the “Portfolio”), an 11-property, 399-unit, Affordable and Workforce Housing portfolio throughout the city of Santa Monica (the “City”).


The beachside city of Santa Monica has a population of approximately 91,000 with only 3,608 of the existing units being affordable. The Portfolio represents +21% of all the affordable housing units built after 1990 and will be sold at a significant discount to replacement cost.


The Portfolio is governed by certain regulatory agreements that prescribe the maximum rent based on percentages of the Los Angeles Area Median Income (“AMI”) and as a result, in-place rents are averaging $1,806 per month which is approximately 25% below market rents.

...

Eigenschaften

Anzahl der Einheiten
399 Einheiten
Baujahr
2003
Gebäudefläche netto
21.142 m²

Medien

Investment-Highlights

Please view Executive Summary for Investment highlights.

Santa Monica Affordable Collection 4_Immobilie zu verkaufen
Santa Monica Affordable Collection 4_Immobilie zu verkaufen

Makler kontaktieren

Santa Monica Affordable Collection (0 Objekte)
Haben Sie Fragen zu diesem Thema? Besuchen Sie unsere FAQ.
FAQ anzeigenArrow Right
JLL kann Sie bei der Finanzierung und Verwaltung Ihres Portfolios unterstützen. Kontaktieren Sie uns noch heute, damit wir gemeinsam Ihre Ambitionen verwirklichen können.
Zuletzt aktualisiert
16. Mai 2024