18 Renovated Units in Downtown Winchester
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|Number of Units:
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||$82,222.22 Per Unit
|Property Use Type:
||Cash to Seller
Overview / Comments
This multifamily property is located at the center of Downtown Winchester, on the corner of Broadway and North Main St. Clark County, just east of Lexington, has been experiencing strong growth, with a resurgence of investment and interest in Downtown Winchester.
The property includes 18 fully occupied, spacious apartment units, all of which have been completely renovated with quality finishes. The apartments are located above first floor retail space (not included).
This property is part of a LIHTC program. 40% of the units are to be rented to 60% AMI tenants. It is out if the initial compliance period, rent restrictions end in 2036.
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