Tracked Assets: 11 · Total FHA Debt: $173,783,300 · Annual Section 8 Mark-Up-To-Market Upside: +$628,674/yr
| Property / FHA # | Original FHA Loan | 10-Yr Step-Down Status | Sec 8 Rent-to-FMR Upside | TRACS Management Agent |
|---|---|---|---|---|
| The Meadows Rapid City, SD · FHA #091-35157 | $24,165,300 | 2% NEAR-PAR STEP-DOWN WINDOW | 0.0% FMR (+$0/yr) | Lifestyle Property Management, LLC monikas@haggandhagg.com |
| Huntington Village Apartments Sioux Falls, SD · FHA #091-35156 | $19,468,000 | 1% NEAR-PAR STEP-DOWN WINDOW | 0.0% FMR (+$0/yr) | Collective LLC marisa@liveatcollective.com |
| Mountain View Village Apartments Box Elder, SD · FHA #091-35160 | $16,390,000 | 1% NEAR-PAR STEP-DOWN WINDOW | 0.0% FMR (+$0/yr) | Elevate MGMT LLC locked-tracs-contact@••••.com (Pro Unlock) |
| LAKOTA COMMUNITY HOMES Rapid City, SD · FHA #TRACS-800019952 | $16,830,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 65.0% FMR (+$503,189/yr) | Integrity Management and Consulting Services, LLC locked-tracs-contact@••••.com (Pro Unlock) |
| SUNNYCREST VILLAGE APTS Sioux Falls, SD · FHA #091-11022 | $7,335,500 | 0% PAR REFI UNLOCKED | 63.9% FMR (+$48,247/yr) | Sunnycrest Village locked-tracs-contact@••••.com (Pro Unlock) |
| MEADOWLAWN PLAZA APARTMENTS Mitchell, SD · FHA #TRACS-800244812 | $8,925,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 83.2% FMR (+$77,238/yr) | Lloyd Property Management Co locked-tracs-contact@••••.com (Pro Unlock) |
| The Cascade at Falls Park Sioux Falls, SD · FHA #091-11042 | $37,969,500 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | Lloyd Property Management Co locked-tracs-contact@••••.com (Pro Unlock) |
| Lacrosse Estates Apartment Homes Rapid City, SD · FHA #091-11037 | $20,740,000 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | Tzadik Properties LLC locked-tracs-contact@••••.com (Pro Unlock) |
| MEADOWLAND APTS Sioux Falls, SD · FHA #TRACS-800019970 | $10,200,000 | 0% HUD LOCKOUT (UNINSURED SEC 8 · 223f TAKEOUT) | 109.1% FMR (+$0/yr) | Costello Property Management LLC locked-tracs-contact@••••.com (Pro Unlock) |
| The Oaks Apartments Watertown, SD · FHA #091-11036 | $6,000,000 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | Elation Property Management LLC locked-tracs-contact@••••.com (Pro Unlock) |
| Dakota Lofts Sioux Falls, SD · FHA #091-11038 | $5,760,000 | LOCKOUT STEP-DOWN (5% PENALTY) | 0.0% FMR (+$0/yr) | JD Property Solutions Inc DBA Real Property Management Express locked-tracs-contact@••••.com (Pro Unlock) |