Painted Woods Villas
3681 Jasmine Lane, Waukee, IA, 50211, US
94 units
Attributes
Number of units
251
Building area gross
13,134 m²
Occupancy
96%
Portfolio description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale the Western Iowa HAP Portfolio, a 6 Property HAP Portfolio totaling 251-units. This 96% occupied portfolio enjoys stable operations due to the active HAP Contracts that are in-place at each of the properties. These HAP properties benefit from annual rent increases based on OCAF, providing potential investors with an attractive hedge against inflation.
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Investment Highlights
- HAP Contract Provides Stable Operations
- Limited Rental Housing Supply Increases Demand
Media
Western Iowa HAP Portfolio (6 Properties)
Western Iowa HAP Portfolio (6 Properties)
Contact brokers
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
23 Jan 2025