Rogue Valley Village
3761 South Pacific Highway, Medford, OR, 97501, US
₫82,686,694,000 | 76 units
Attributes
Number of units
72 units
Occupancy
98.6%
Year built
1974
Building area net
4,816 m²
Land area net
2.9 ha
Asset Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale Canda Manor Apartments. This 98.6% occupied, 72-unit mixed-income property is located in Ishpeming, MI and benefits from a project-based Section 8 (HAP) contract on 58% of the units. The Offering presents Investors the opportunity to deploy capital into an inflation-protected, government backed asset with the potential to significantly increase revenue through a mark-up-to-market contract rent increase.
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Investment Highlights
- Partial HAP Contract Provides Stable Operations
- Significant Rent Upside
- Proximity to Economic Drivers & Affordability
Media
Canda Manor (0 Properties)
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Last updated
10 May 2024