On April 6, 2017, AHIB closed on an 85 unit RAD II HAP contract sale in Adrian, Michigan. Of the units, 11% were covered by a Project-Based RAD II HAP Contract. The remaining units are operating under a HUD 236 Use Agreement through 2020. Carriage House has a current occupancy of over 96% with up-side potential through expense reduction and long-term rent growth. The property is located in Southeast Michigan, less than an hour from both Ann Arbor, MI [...]
Affordable Housing Brokerage is your one stop for selling your RAD-eligible property. Browse our RAD property sales below to read about our successes in the marketplace. If you are ready to sell RAD housing, please contact us today and we will be happy to provide you with a no risk, no obligation consultation for your RAD property.