Tracked Assets: 55 · Total FHA Debt: $607,449,100 · Annual Section 8 Mark-Up-To-Market Upside: +$1,787,217/yr
| Property / FHA # | Original FHA Loan | 10-Yr Step-Down Status | Sec 8 Rent-to-FMR Upside | TRACS Management Agent |
|---|---|---|---|---|
| THE LAKES AT TURTLE CREEK Hattiesburg, MS · FHA #065-35715 | $21,448,600 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | Southgate Reality, LLC. ecarothers@ccim.net |
| Cypress Lake Apartments Biloxi, MS · FHA #065-35702 | $13,731,200 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | SunStates Management Corp. cbounds@sunstatesmgmt.com |
| SOUTHWEST VILLAGE APTS Jackson, MS · FHA #065-35755 | $10,625,000 | HIGH-RATE VINTAGE (2022) IRR RESET | 85.9% FMR (+$61,517/yr) | Hughes Management Inc locked-tracs-contact@••••.com (Pro Unlock) |
| COMMONWEALTH VILLAGE Jackson, MS · FHA #TRACS-800012061 | $17,000,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 114.0% FMR (+$0/yr) | GCHP Management, LLC locked-tracs-contact@••••.com (Pro Unlock) |
| West Point Housing Authority West Point, MS · FHA #TRACS-800245669 | $14,110,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 81.6% FMR (+$169,001/yr) | WEST POINT HA locked-tracs-contact@••••.com (Pro Unlock) |
| Pine Ridge Gardens Jackson, MS · FHA #TRACS-800012242 | $13,685,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 95.4% FMR (+$104,405/yr) | Aspen Companies Management LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Madonna Manor Jackson, MS · FHA #TRACS-800224409 | $12,665,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 124.2% FMR (+$0/yr) | GCHP Management, LLC locked-tracs-contact@••••.com (Pro Unlock) |
| COMMUNITY PARK APTS Mccomb, MS · FHA #TRACS-800012070 | $10,200,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 104.2% FMR (+$0/yr) | Hughes Management Inc locked-tracs-contact@••••.com (Pro Unlock) |
| WOOD VILLAGE APTS Jackson, MS · FHA #TRACS-800012324 | $9,860,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 74.5% FMR (+$389,655/yr) | Aspen Companies Management LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Park Residences at Bienville Beechwood, MS · FHA #065-11162 | $13,600,000 | HIGH-RATE VINTAGE (2022) IRR RESET | 0.0% FMR (+$0/yr) | Newbreak Management Company, LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Gulf Mist Apartments Gulfport, MS · FHA #065-11175 | $11,122,200 | HIGH-RATE VINTAGE (2025) IRR RESET | 95.4% FMR (+$23,124/yr) | Optimum Affordable Management Company LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Brookville Gardens Starkville, MS · FHA #065-35761 | $10,567,200 | HIGH-RATE VINTAGE (2023) IRR RESET | 109.8% FMR (+$0/yr) | Triangle Management, LLC locked-tracs-contact@••••.com (Pro Unlock) |
| RIDGEWOOD EAST West Point, MS · FHA #065-35765 | $10,500,000 | HIGH-RATE VINTAGE (2025) IRR RESET | 189.8% FMR (+$0/yr) | GCHP Management, LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Clinton Healthcare Clinton, MS · FHA #065-22081 | $9,301,000 | 1% NEAR-PAR STEP-DOWN WINDOW | 0.0% FMR (+$0/yr) | Trend Consultants LLC locked-tracs-contact@••••.com (Pro Unlock) |
| VICKSBURG HOUSING AUTHORITY RAD PORTFOLI Vicksburg, MS · FHA #065-11126 | $8,317,000 | 2% NEAR-PAR STEP-DOWN WINDOW | 0.0% FMR (+$0/yr) | Vicksburg Housing Management and Development, LLC locked-tracs-contact@••••.com (Pro Unlock) |
| HIDDEN OAKS APARTMENTS Biloxi, MS · FHA #065-35708 | $7,551,300 | 0% PAR REFI UNLOCKED | 0.0% FMR (+$0/yr) | SunStates Management Corp. locked-tracs-contact@••••.com (Pro Unlock) |
| DEVILLE MANOR APARTMENTS Meridian, MS · FHA #065-35738 | $7,500,000 | 2% NEAR-PAR STEP-DOWN WINDOW | 131.1% FMR (+$0/yr) | Envolve Community Management LLC locked-tracs-contact@••••.com (Pro Unlock) |
| NORTHWOOD VILLAGE Jackson, MS · FHA #065-35723 | $6,700,000 | 0% PAR REFI UNLOCKED | 101.8% FMR (+$0/yr) | TESCO Properties, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| SARALAND MANOR Gulfport, MS · FHA #065-35735 | $6,221,000 | 1% NEAR-PAR STEP-DOWN WINDOW | 125.8% FMR (+$0/yr) | Royal Management Company Inc locked-tracs-contact@••••.com (Pro Unlock) |
| OVERLOOK APARTMENTS Hattiesburg, MS · FHA #065-35731 | $5,700,000 | 0% PAR REFI UNLOCKED | 111.8% FMR (+$0/yr) | TESCO Properties, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| WEATHERSTONE APARTMENTS Southaven, MS · FHA #065-11172 | $8,319,300 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | Encore Property Management, LLC locked-tracs-contact@••••.com (Pro Unlock) |
| OAK GROVE PLACE Hattiesburg, MS · FHA #065-11156 | $6,256,800 | LOCKOUT STEP-DOWN (4% PENALTY) | 0.0% FMR (+$0/yr) | Oak Grove Hattiesburg Manager LLC locked-tracs-contact@••••.com (Pro Unlock) |
| HOLIDAY APARTMENTS Natchez, MS · FHA #TRACS-800012150 | $9,775,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 120.0% FMR (+$0/yr) | MENOWITZ MANAGEMENT COMPANY locked-tracs-contact@••••.com (Pro Unlock) |
| William H. Bell Apartments Gulfport, MS · FHA #TRACS-800038431 | $8,840,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 107.5% FMR (+$0/yr) | Envolve Community Management LLC locked-tracs-contact@••••.com (Pro Unlock) |
| North Rail Village Mccomb, MS · FHA #TRACS-800246443 | $20,060,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 78.4% FMR (+$187,818/yr) | McComb Housing Authority locked-tracs-contact@••••.com (Pro Unlock) |
| Rolling View Village Mccomb, MS · FHA #TRACS-800246442 | $15,555,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 79.8% FMR (+$524,471/yr) | McComb Housing Authority locked-tracs-contact@••••.com (Pro Unlock) |
| South Park Garden Apts. Southaven, MS · FHA #TRACS-800012262 | $12,920,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 83.7% FMR (+$83,065/yr) | Alco Management Inc locked-tracs-contact@••••.com (Pro Unlock) |
| FOREST PARK APTS Jackson, MS · FHA #065-35758 | $8,557,500 | HIGH-RATE VINTAGE (2022) IRR RESET | 91.7% FMR (+$28,037/yr) | Hughes Management Inc locked-tracs-contact@••••.com (Pro Unlock) |
| SUNFLOWER LANE APTS Clarksdale, MS · FHA #065-35620 | $3,393,000 | 0% PAR REFI UNLOCKED | 135.6% FMR (+$0/yr) | Michaels Management-Affordable LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Cross Creek Village Apartments Hattiesburg, MS · FHA #065-35748 | $23,092,000 | LOCKOUT STEP-DOWN (4% PENALTY) | 0.0% FMR (+$0/yr) | Maestri Murrell LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Breckenridge Park Apartments Hattiesburg, MS · FHA #065-11164 | $21,476,300 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | Willow Bridge Eastern Management Corporation locked-tracs-contact@••••.com (Pro Unlock) |
| River Park Apartments Mccomb, MS · FHA #065-35750 | $16,932,100 | LOCKOUT STEP-DOWN (4% PENALTY) | 0.0% FMR (+$0/yr) | Cypress Asset Management locked-tracs-contact@••••.com (Pro Unlock) |
| The Mill at McCullough Tupelo, MS · FHA #065-11149 | $15,328,000 | LOCKOUT STEP-DOWN (4% PENALTY) | 0.0% FMR (+$0/yr) | Merge Management locked-tracs-contact@••••.com (Pro Unlock) |
| The Pines at Barnes Crossing Tupelo, MS · FHA #065-11150 | $13,936,500 | LOCKOUT STEP-DOWN (4% PENALTY) | 0.0% FMR (+$0/yr) | Bennie Kirkland Management Company, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| YAZOO CITY HOUSING AUTHORITY RAD PORTFOLIO Yazoo City, MS · FHA #065-35742 | $10,200,000 | LOCKOUT STEP-DOWN (3% PENALTY) | 0.0% FMR (+$0/yr) | Gateway Community Development Corporation locked-tracs-contact@••••.com (Pro Unlock) |
| The Waverly Apartments Columbus, MS · FHA #065-35752 | $10,020,700 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | Hughes Management Inc locked-tracs-contact@••••.com (Pro Unlock) |
| THE VILLAGE APARTMENTS Jackson, MS · FHA #TRACS-800012286 | $22,440,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 103.1% FMR (+$0/yr) | GCHP Management, LLC locked-tracs-contact@••••.com (Pro Unlock) |
| VILLA MARIA APTS Ocean Springs, MS · FHA #TRACS-800012302 | $16,830,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 113.3% FMR (+$0/yr) | SunStates Management Corp. locked-tracs-contact@••••.com (Pro Unlock) |
| WESTHILLS Corinth, MS · FHA #TRACS-800241115 | $12,325,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 98.7% FMR (+$10,562/yr) | Tenn. Valley Reg. Hsg. Auth. locked-tracs-contact@••••.com (Pro Unlock) |
| Pinecrest/Parkview/Highland Circle Saltillo, MS · FHA #TRACS-800241122 | $11,900,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 94.7% FMR (+$36,557/yr) | Tenn. Valley Reg. Hsg. Auth. locked-tracs-contact@••••.com (Pro Unlock) |
| Lakewood Wilemon Quinn Mattox Amory Scattered Fulton, MS · FHA #TRACS-800241123 | $11,475,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 107.3% FMR (+$0/yr) | Tenn. Valley Reg. Hsg. Auth. locked-tracs-contact@••••.com (Pro Unlock) |
| DORCHESTER PLACE APTS. Southaven, MS · FHA #TRACS-800012084 | $10,880,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 100.5% FMR (+$0/yr) | Adcock Property Management LLC locked-tracs-contact@••••.com (Pro Unlock) |
| SHADY LANE APTS Yazoo City, MS · FHA #TRACS-800012257 | $10,200,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 101.7% FMR (+$0/yr) | Triangle Management, LLC locked-tracs-contact@••••.com (Pro Unlock) |
| SUNSET PLAZA APARTMENTS Jackson, MS · FHA #TRACS-800012279 | $10,200,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 104.2% FMR (+$0/yr) | Southland Management Corporation locked-tracs-contact@••••.com (Pro Unlock) |
| RIVERBREEZE MANOR APARTMENTS Natchez, MS · FHA #TRACS-800012245 | $10,200,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 115.3% FMR (+$0/yr) | Everest Equities Group LLC locked-tracs-contact@••••.com (Pro Unlock) |
| MEADOWVIEW APT & SUB./RIDGELAND TERRACE/EASTGATE Ripley, MS · FHA #TRACS-800241118 | $10,200,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 111.8% FMR (+$0/yr) | Tenn. Valley Reg. Hsg. Auth. locked-tracs-contact@••••.com (Pro Unlock) |
| Willow Creek Retirement Center Byram, MS · FHA #065-22087 | $9,750,700 | LOCKOUT STEP-DOWN (4% PENALTY) | 0.0% FMR (+$0/yr) | Briar Hill Management LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Residences at First National of Vicksburg Vicksburg, MS · FHA #065-11161 | $9,600,000 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | Newbreak Management Company, LLC locked-tracs-contact@••••.com (Pro Unlock) |
| THE MARK Greenville, MS · FHA #065-11163 | $8,000,000 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | The Mark of Greenville, LLC locked-tracs-contact@••••.com (Pro Unlock) |
| MS Care Center of Raleigh Raleigh, MS · FHA #065-22085 | $6,560,000 | LOCKOUT STEP-DOWN (3% PENALTY) | 0.0% FMR (+$0/yr) | Oxford Healthcare Management, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| MARION ROAD APTS Meridian, MS · FHA #TRACS-800012188 | $9,010,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 92.8% FMR (+$28,442/yr) | Hughes Management Inc locked-tracs-contact@••••.com (Pro Unlock) |
| NORTH HILLS MANOR Meridian, MS · FHA #TRACS-800012211 | $8,840,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 135.8% FMR (+$0/yr) | Michaels Management-Affordable LLC locked-tracs-contact@••••.com (Pro Unlock) |
| CANTON ESTATES Canton, MS · FHA #065-35709 | $1,976,200 | 0% PAR REFI UNLOCKED | 74.1% FMR (+$131,958/yr) | Bennie Kirkland Management Company, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| MAUREEN A. S. JONES APT Greenwood, MS · FHA #065-35577 | $666,800 | 0% PAR REFI UNLOCKED | 116.7% FMR (+$0/yr) | Bennie Kirkland Management Company, Inc. locked-tracs-contact@••••.com (Pro Unlock) |
| HIGGINS MCLAURIN ARMS Clarksdale, MS · FHA #065-35650 | $1,328,700 | 0% PAR REFI UNLOCKED | 97.5% FMR (+$8,606/yr) | Southland Management Corporation locked-tracs-contact@••••.com (Pro Unlock) |