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PLEASANT VALLEY SENIOR APARTMENTS

24 Units

Lodi, WI

Pleasant Valley Apartments is a 24-unit older-adult (55+) apartment building in Lodi, Wisconsin developed in 1998 via the federal Low Income Housing Tax Credit (LIHTC) program. The property is offered subject to a Land Use Restriction Agreement (LURA) that expires at the end of 2028. Built on 1 acre of land, Pleasant Valley is comprised of one three-story building, including 23 heated underground parking stalls and an outdoor parking lot with 8 parking stalls. There are 15 One Bedroom and 9 Two Bedroom units in variety of attractive floor plans. Common area amenities include a large community lounge with a full kitchen, an on-site office, 24 storage lockers and laundry on each floor.  Priced at less than half the replacement cost, the subject property is poised for long-term appreciation and major rent upside.

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