LIHTC Multi-Asset Portfolio Multi-Family FOR SALE


Benton Harbor, MI
$1 USD
313-806-1303
, Benton Harbor, MI for Sale
$1 USD
Multi-Family - FOR SALE
1/21
null | 8% Cap Rate

LIHTC Multi-Asset Portfolio
Benton Harbor, MI


HIGHLIGHTS

  • Burned-Off Risk
  • Massive Rent Dislocation
  • Family Housing = Durable Demand
  • Multiple Exit Paths
  • Scale Premium
  • Past Credit Delivery

OVERVIEW

Premier Property Services, on behalf of ownership, is pleased to offer for sale the Midwest USA Acquisitions Portfolio, a five-asset Low-Income Housing Tax Credit (LIHTC) portfolio located across Michigan. The portfolio represents a unique opportunity to acquire institutional-scale affordable housing assets with embedded tax credit upside and multiple strategic exit pathways. Constructed and placed in service between 2004 and 2009, the assets are currently operating within their extended use compliance periods and benefit from stable occupancy, consistent cash flow, and durable demand fundamentals. The portfolio generates approximately $1.3 million in net operating income and offers investors the ability to unlock additional value through a portfolio-wide resyndication strategy, including rehabilitation and new tax credit issuance. Based on preliminary analysis, the portfolio may support $6M–$10M in new tax credit equity, significantly enhancing investor returns. In addition to the resyndication opportunity, the portfolio benefits from long-term optionality, including continued LIHTC operation for yield-focused investors or potential market-rate repositioning over time as regulatory restrictions expire. This offering represents a compelling opportunity for LIHTC syndicators, institutional investors, banks, and affordable housing platforms seeking scale, stability, and embedded upside in a single transaction.

ASK ABOUT THIS PROPERTY

James BufalinoPremier Property ServicesMore Info
313-806-1303

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James BufalinoPremier Property ServicesMore Info
313-806-1303

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.