SENIOR LIHTC PORTFOLIO

186 Units

Stoughton, Oregon, Lodi, WI

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The Senior LIHTC Portfolio consists of three properties, Rosewood, Greenwood, and Pleasant Valley Senior Apartments with 186 total units developed in 1995, 1998 & 2003 via the federal Low Income Housing Tax Credit (LIHTC) program. The properties are located in Stoughton, Oregon, and Lodi, Wisconsin respectively and are offered subject to a Land Use Restriction Agreement (LURA) that expires at the end of 2025 for Rosewood, and at the end of 2028 for Greenwood and Pleasant Valley. The portfolio unit mix is comprised of 110 One Bedroom and 76 Two Bedroom units. All three properties have an exceptional amenity package with underground parking, sprinklers, community rooms, elevator & on-site office. The Senior LIHTC portfolio offers an attractive opportunity to invest in stable, turnkey Madison-area senior properties with significant rent upside from the expiring LURAs.