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Walterboro & Georgetown
Property Information
We purchased these assets from a seller who also provided owner financing terms due to strong networking, relationships and due diligence.
Location: Walterboro & Georgetown, SC
Units: 110
These are LIHTC (Low Income Housing Tax Credit) properties with 70% of the portfolio out of the program within 12-24 months
New property management will elevate the asset by creating a new business plan for all units
Rent increases with all new turns, $300-$500 per units, mostly organically with minimal cap ex required
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