Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2024 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
MORTGAGE BANKING
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QUICK STATS
$2,213/$2.12
Market Rent
55,296
RENTABLE AREA
2023
YOC
64
UNITS
Investment highlights
Well performing Senior LIHTC Property for ages 55+ with a vacancy rate below 2% in 2024
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Bowling Green is located just 25 minutes south of Toledo and home to Bowling Green State University, which has an enrollment of over 20,000 students
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The Affordability Restrictions fully expire by the end of 2039, allowing for a conversion to market at that time
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Wood County has experienced excellent rental growth as evidenced by the HUD 2 Bedroom Fair Market Rent increasing by 31% from 2022 to 2025
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xxx
6
96%
OCCUPIED
xxx
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GALLERY
GALLERY
2008
BUILT
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1005 Chauncey Ln. - Bowling Green, OH 43402
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PROPERTY OVERVIEW
Chauncey Pointe Senior is a 64-unit affordable housing community for seniors aged 55+ located in Bowling Green, OH. The property is conveniently located minutes from major retailers, including Walmart Supercenter and Aldi. Numerous restaurants, outdoor recreation, schools, and major transportation arteries are nearby as well.
The property was built and placed in service in 2008 under the Section 42 Low-Income Housing Tax Credit (LIHTC) program. There are existing regulatory agreements in place which require all units to be rented to income qualifying residents earning no more than 35%, 50%, & 60% of the Area Median Income (AMI) limits, which are provided by Ohio Housing Finance Agency.
Chauncey Pointe Senior offers two bedroom apartment homes featuring fully equipped kitchens, washer and dryer connections, private front porch, and window coverings. Community amenities include a clubhouse with community room, kitchenette and fireplace, on-site laundry facility, professional on-site management, and planned activities and social events.
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Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage loan brokerage business in Nevada.
© 2025 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by the Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit: https://www.berkadia.com/licensing/.
Director Multifamily 303.689.8320 nate.moyer@berkadia.com
CO License #FA.100077890
nate moyer
Managing Director
503.722.1999
chris.crump@berkadia.com
CHRIS CRUMP
Associate Director 817.821.9559 jack.leonhard@berkadia.com
Jack Leonhard
The Opportunity
The Asset
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Terms of Use
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2024 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
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Senior LIHTC Property built in 2011 containing 90 units located in the 8-story building along with 10 three-bedroom townhome units
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Well located asset just under 7 miles from downtown Miami, as well as the Miami International Airport
Senior Managing Director
504.458.1626 tim.leonhard@berkadia.com
TIM LEONHARD
Managing Director
Multifamily 440.708-6302 rob.starrett@berkadia.com
OH License # BRKA.2023000830
Rob Starrett
Director Affordable Housing
425.761.1640 mike.terry@berkadia.com
MT License #89005
Mike Terry
Senior Managing Director
Affordable Housing
208.286.5013
jeff.irish@berkadia.com
ID License: #DB36794
Jeff Irish
INVESTMENT SALES
127 Public Sq. Suite 1440 Cleveland, OH 44114
CELVELAND OFFICE
800 W. Main St.
Suite 1410
Boise, ID 83702
BOISE OFFICE
CONTACT US
Managing Director
Multifamily 440.708-6302 rob.starrett@berkadia.com
OH License # BRKA.2023000830
Rob Starrett
Director Affordable Housing
425.761.1640 mike.terry@berkadia.com
MT License #89005
Mike Terry
Senior Managing Director
Affordable Housing
208.286.5013
jeff.irish@berkadia.com
ID License: #DB36794
Jeff Irish
INVESTMENT SALES
127 Public Sq. Suite 1440 Cleveland, OH 44114
CELVELAND OFFICE
800 W. Main St.
Suite 1410
Boise, ID 83702
BOISE OFFICE
CONTACT US