Closed the acquisition of the 60-unit 3-story elevator building in Battle Creek, MI. The property was acquired along with an adjacent 5 acre site to allow for the construction of an additional 60 units. The property is currently low income restricted to seniors 55+. The business plan includes early exit from the low income restrictions through the State of Michigan’s Qualified Contract Price process. Our NW Indiana based affiliate will provide additional services to the tenant population.
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