Real estate investment platform RealtyMogul announced the opening of the pledging window for an equity investment in a townhouse community in Vancouver, Washington.
Ridgeline View Townhomes is a newly developed townhome community in the growing submarket of Portland. The property comes with inherent built-in value after being acquired in an off-market transaction for a discounted price 20% below the original list price. With 10 units reserved for residents earning 80% of the area’s median income, the property qualifies for a 10-year tax abatement through Vancouver’s Multifamily Tax Exemption Program, which runs through 2032.
Built in 2022, Ridgeline View ...
Full story available on Benzinga.com
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Ridgeline View Townhomes is a newly developed townhome community in the growing submarket of Portland. The property comes with inherent built-in value after being acquired in an off-market transaction for a discounted price 20% below the original list price. With 10 units reserved for residents earning 80% of the area’s median income, the property qualifies for a 10-year tax abatement through Vancouver’s Multifamily Tax Exemption Program, which runs through 2032.
Built in 2022, Ridgeline View ...
Full story available on Benzinga.com
Continue reading...