| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 06/14/2038 |
| State | AR |
| Name | SUMMERHILL APTS III |
| Address | |
| Address 2 | |
| Address 3 | |
| City | GASSVILLE |
| Zip Code | 72635 |
| Total Units | 17 |
| Rental Type | Elderly |
| Section | 515 Rural Housing |
| Revitalization | Yes |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | PROFESSIONAL PROPERTY MANAGEMENT |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 1 |
| Vacant Units | 1 |
| Rental Assistance Units | 9 |
| Year Restrictive Clause Expires | 2024 |
| Borrower Name | SUMMERHILL III, AN AR LP |
| Borrower Type | Limited Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | MOUNTAIN HOME, AR |
| Data As-of Date | |
| Fy Of Loan Obligation | 2006 |
| Interest Rate At Loan Closing % | 9 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 5476 |
| Orig Loan Term | 50 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 1988 |
| Loan Payoff Year | 2038 |
| Estimated Property Exit Year | 2038 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 9 |
| Latitude | 36.290824 |
| Longitude | -92.48509 |
| Borrower Id | 955050209 |
| Date Of Operation | 06/14/1988 |
| Tax Credit Expires | 11/24/2039 |
| Property Key | |
| State County Fips Code |
Search local listings for available Section 8 apartments.
Apartments and homes listed for rent locally may accept a Section 8 voucher, even if the listing doesn't mention the program.Ellie Ruedas says:
"Affordable Housing Online is the best way to keep informed on housing openings."