Somerset Bay (Spring Hill, FL)
Bay Dr, Spring Hill, FL 34608, USA, Spring Hill, FL, 34608, US
144 단위
개요
단위 수
210
점유율
97%
건축년도
1971
리노베이션 년도
2009
자산 설명
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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투자 하이라이트
- 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
미디어
Bay Pointe Tower (0 부동산)
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마지막 업데이트
2025년 5월 1일