The owners of the properties listed below have, according to IRS Code Section 42(h)(6)(E)(i)(II), provided proper notice of intent and requests that the Ohio Housing Finance Agency find a qualified buyer who will purchase the property at the assigned price. These properties are listed for a one-year period, beginning with the date of availability for purchase, for qualified entities who will maintain the low-income provisions of the property.
Interested buyers should coordinate with the owner's representative to schedule a site visit or possible inspection of the property.
Please be advised that the buyer must agree to operate the property in accordance with the low-income restrictions already in place. The owner can choose any offer at or above the posted qualified contract price.
|Willow Lake Apartments
2260 Lake Circle Drive
Lima, OH 45801
Total units: 192 | Affordable units: 192
|Date Available for Purchase: May 5, 2021
Qualified Contract price: $11,431,952.20
Contact: Jared M. Houser, Executive Vice President
Pedcor Investments, LLC
OHFA shall be under no obligation to investigate the accuracy of the information submitted with the request for a presentation of a QC. OHFA's review shall not constitute a warranty of the accuracy of the information, nor of the quality or marketability of the housing to be purchased, constructed or rehabilitated pursuant to the program. Developers, potential investors and other interested parties should undertake their own independent evaluation of the feasibility, suitability and risk of the project.