The Casa Blanca Apartments is an 81-unit Low Income Housing Tax Credit (LIHTC) community located in Phoenix, AZ. Originally built in 1972, this asset features (21) 1-bedroomunits, (53) 2-bedroom units, (6) 3-bedroom units, and (1) studio. Of the 81-units, there are 64 affordable units (LIHPRHA), 16 Section 8 units (HAP Contract), and 1 conventional unit. The offering consists of 8 buildings, all of which are master metered for all utilities. The heating and cooling system is managed through a boiler/chiller system. Current ownership manages the property and will consider seller-financing. The Casa Blanca Apartments presents a unique value-add opportunity to acquire a centrally located asset at an attractive cost basis. The Casa Blanca Apartments is located along the I-17 Highway and in close proximity to the growing Grand Canyon University, which now features an enrollment of over 25,000 in-person students for the 2024-2025 school year. The strategic location of the asset provides tenants easy access to other employment hubs and entertainment options located in Midtown and Downtown Phoenix. Broker of Record Simon Assaf License No. C0701910000 (AZ) (866) 889-0550 Matthews Real Estate Investment Services, Inc 4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251