Tax Credit Property Sales

Affordable Housing Brokerage is your one stop for selling your tax credit property. Browse our tax credit sales below to read about our successes in the marketplace.  If you are ready to sell tax credit housing, please contact us today and we will be happy to provide you with a no risk, no obligation consultation for your tax credit property.

OK Tax Credit Portfolio - LIHTC - Section 42 - Pauls Valley - Seminole - Oklahoma

187-Unit Oklahoma Tax Credit Portfolio Sale

On May 31, 2018, Affordable Housing Investment Brokerage completed the transaction of a 187-unit Low-Income Housing Tax Credit portfolio located in Oklahoma.  The deal, owned by an Oklahoma City-based non-profit organization, included a 124-unit multi-family complex located in Pauls Valley and 63 single family rental homes split between Pauls Valley and Seminole. The purchaser, a regional owner operator had no financing contingencies and placed a non-refundable earnest money deposit at execution of the LOI and again at execution of the [...]

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360-Unit LIHTC Property Sale near Atlanta, GA

In February 2018, Affordable Housing Investment Brokerage, Inc. (“AHIB”) closed on the sale of The Park at Hairston, a 360 Unit LIHTC property in Stone Mountain, Georgia.  Stone Mountain is a near suburb of Atlanta located about 20 miles northeast of Downtown Atlanta. The property was originally built as a market rate property in the late 1980’s.  In 2006/2007 the property was went through a full rehabilitation financed by equity generated from an allocation of 4% LIHTC’s and Georgia state [...]

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Michigan HAP Property - Milan Village-Section 8- HAP Contract-Milan-Michigan

Michigan HAP Property Sold to a National LIHTC Developer

On November 16, 2017, a Michigan HAP property sold to a national LIHTC developer.  The apartments, known as Milan Village, are a 36-unit multifamily community near Ann Arbor, Michigan.  The property is within walking distance to downtown Milan, and all units are covered by an Option 4 project-based Section 8 contract.  The property is made up of 16 one-bedroom units and 20 two-bedroom units spread between three buildings. Select units within each building also have updated cabinets and vanities within. Multiple [...]

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Chicago LIHTC Sale-Lyndale Place-Section 42-LIHTC-Chicago-Illinois
Renaissance West-LIHTC-Section 42-Chicago-Illinois

Chicago LIHTC Sale in Logan Square Neighborhood

In October of 2017, AHIB and Kiser Group closed on a Chicago LIHTC Sale in the Logan Square Neighborhood. The deal included two properties, 67 unit Lyndale Place and 100 unit Renaissance West. The properties are located a few blocks apart in Chicago’s Logan Square neighborhood. Renaissance West was built new and Lyndale Place was renovated under the Section 42 Low Income Housing Tax Credit program. Both properties were restricted by debt from Chicago and IHDA in addition to LIHTC [...]

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Family Section 42 – Low Income Housing Tax Credit Property Sale – Oklahoma

On June 16, 2017, Affordable Housing Investment Brokerage closed on a family section 42 sale of Garland Square Apartments. Garland Square is a 36-unit Low-Income Housing Tax Credit property located in Stroud, Oklahoma. Stroud is a suburb of Tulsa, located off of Interstate 44 along the Oklahoma City-Tulsa corridor. Garland Square is comprised of a mixture of market rate and rent restricted units with efficiency through four bedroom layouts.  The property was less than 50% occupied at the time of [...]

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