| STARTING BID $750,000 | 76-Unit LIHTC Community in Florida | 71% Occupied | AUCTION OCTOBER 28-30, 2024 |
| 76-Unit Age Restricted LIHTC Apartment Building with Direct Proximity to US-90 in North Florida?????? |
| ±71% Occupied | Value-Add Opportunity to Increase Rents to Max Allowable as Leases Turn |
| Current Rents are More than $200 Below Max Allowable Rents |
| 2024 Capital Improvements include Common Area Wainscot, Flooring, Paint, and Several Unit Renovations | Roof Replaced in Last 5 Years |
| Building Amenities include Clubhouse, Common Area Bathrooms, Four Laundry Facilities, Library, Gym, Elevator, Community Kitchen, and Indoor Pool |
Adam Sklaver
Marcus & Millichap