INVESTMENT HIGHLIGHTS
Lauderhill Point Apartment Homes is Conveniently Situated Near Area Amenities Including Major Shopping Venues, Dining, Schools, Beaches, Major Transportation Arteries, and the Lauderdale-Hollywood International Airport.
Each year nearly 4 million cruise passengers pass through Port Everglades, making it the third largest cruise port in the world.
Several national and international companies are headquartered in Fort Lauderdale and among its largest employers are AutoNation, Citrix, Inc., and Kaplan.
Fort Lauderdale is located 30 miles north of Miami, is part of the Miami Metropolitan Area, and is home to 10 institution of higher education.
EXECUTIVE SUMMARY
Lauderhill Point Apartment Homes is a 176-unit affordable housing community located in Fort Lauderdale, FL. The property is conveniently located minutes from major retailers including Publix, Lowe’s, and the Lauderhill Mall. Numerous restaurants, outdoor recreation, schools, and major transportation arteries, including I-95, are nearby as well.
The property was built in 1973 and renovated 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 60% of the Area Median Income (AMI) limits, which are provided by the Florida Housing and Finance Corporation.
Additionally, the property is a recipient of HUD Section 8 project based rental income assistance pursuant to a Housing Assistance Payment (HAP) contract. The current contract has an effective beginning date of November 1, 2011 and provides assistance for 174 units. Within the contract, Section 2(a) states that the contract runs for an effective term of 15 years.
Lauderhill Point Apartment Homes offers two, three, and four bedroom apartment homes featuring spacious closets and pantry, carpet and tile flooring, mini blinds, and ceiling fans. Community amenities include a play area, social service programs, and an on-site laundry facility.
Visit Doc Center
Contact Us
COMMUNITY AMENITIES
• On-site laundry facility
• Social service programs
• Playground
APARTMENT FEATURES
• Generous closet, linen, and pantry storage
• Wood look vinyl flooring
• Mini blinds
• Ceiling fans
THE ASSET
GALLERY
3146 nW 19TH st. – Fort Lauderdale, FL 33311
Visit Doc Center
3146 NW 19th St. – Ft. Lauderdale, FL 33311
LAUDERHILL POINT
APARTMENT HOMES
2008
RENO
146,192
SQ FT
176
UNITS
The Opportunity
The Asset
Photo Gallery
Contact
Doc Center
Privacy
Terms of Use
INVESTMENT SALES
SEATTLE OFFICE
601 Union St.
Suite 3909
Seattle, WA 98101
CONTACT US
About
Why Us?
Floorplans
Pricing
Design
Work Plan
The Team
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.
© 2023 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 Tax Credit Syndication group. For state licensing details for the above entities, visit: https://www.berkadia.com/licensing/.
Jaret Turkell
Senior Managing Director
Multifamily
jaret.turkell@berkadia.com
BRANDON GRISHAM
Senior Managing Director
Affordable Housing
253.653.3313
brandon.grisham@berkadia.com
INVESTMENT SALES
MIKE TERRY
Director
Affordable Housing
425.761.1640
mike.terry@berkadia.com
Ryley Lewis
Senior Financial Analyst
Affordable Housing
206.512.5567
ryley.lewis@berkadia.com
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.
© 2023 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 Tax Credit Syndication group. For state licensing details for the above entities, visit: https://www.berkadia.com/licensing/.
BOZEMAN OFFICE
895 Technology Blvd.
Suite 102
Bozeman, MT 59718
BOCA RATON OFFICE
5100 Town Center Cir.
Suite 550
Boca Raton, FL 33486
• 100% Concrete Construction
• Copper Wiring Throughout Property
• Hurricane Shutters on All Windows
• 9 of 22 Roofs Recently Replaced with 3 Scheduled for Replacement
• Office and Community Room Currently Undergoing Complete Renovation to Include New Community Outreach Center
• Watch Tower Security System with 32 Cameras Across Site
PROPERTY PHYSICAL HIGHLIGHTS