Little Dipper Apartments
Overview
| Deal Type |
Private Placement |
|---|---|
| Size |
$4,450,000 Acquisition and Rehabilitation |
| Client & Transactional Partners |
Little Dipper Apartments Steele Properties LLC |
Summary
The Project is the acquisition and rehabilitation of an existing 52-unit HAP project comprised of eight 2-story residential buildings on 3.35 acres in Fairbanks, AK. The buildings were originally constructed in 1973. Located in central Fairbanks and near the CBD, the area is 75% built out with single family residential, multi-family residential and commercial properties.
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