Recently, AHIB brokered the sale of a 96-unit, full HAP Contract apartment community for $6.1 million in Somerset, Penn. The community, known as Laurel Village I and Laurel Village II, are two separate properties adjacent to each other and operated as one. Each property has its own HAP contract and set of financials. Laurel Village I was formerly operated under the 515 program, but that debt has been paid off and there are no USDA or 515 restrictions in [...]
Affordable Housing Brokerage is your one stop for selling your HAP Contract property. Browse our HAP Contract property sales below to read about our successes in the marketplace. If you are ready to sell HAP Contract housing, please contact us today and we will be happy to provide you with a no risk, no obligation consultation for your HAP Contract property.