- Best-In-Class Asset – Irreplaceable Building & Irreplaceable Location
- Unique Pre-Set Tax Incremental Financing Benefits
- Significant Commercial Rental Upside Of Up To 165% + Double Tax Reimbursement
- Strong Surrounding Demographic Profile With Lack Of New Construction
- Strategic Location Near Employment, Retailers, And Highway Connectivity
Best-In-Class Asset – Irreplaceable Building & Irreplaceable Location
Exceptionally high-quality construction is evidenced throughout Keystone on 8th. The community offers luxurious finishes throughout the unit interiors, secure property entry, and off-street parking.
Unique Pre-Set Tax Incremental Financing Benefits
Keystone on 8th will enjoy a five-year tax incremental financing (TIF) benefit, providing a combined added income of $707,000+ in tax rebates.
o Rebates commence June 1st 2026 and end June 1st of 2030
o Total payments equal $707,485 or $141,497 annually
Significant Commercial Rental Upside Of Up To 165% + Double Tax Reimbursement
Keystone on 8th currently has 3,924 square feet of the commercial space leased for 7 years at $18.96/sf, NNN, and 5% yearly escalations.
Further upside of $122,000+ per year is within reach by leasing the remaining 6,471 square feet at a similar rate.
Commercial tax benefits will be compounded with retail tenants reimbursing their pre-TIF tax portions. This allows future ownership to recoup the commercial tax portion from both the retail tenants and Polk County during the duration of the Tax Incremental Financing (TIF) period.