About this Property in Abilene, TX

A veteran real estate developer who specializes in workforce housing projects across the country purchased this vacant hotel property with the intention of converting it into workforce housing. After completing multiple preliminary renovations such as the addition of a new roof and asbestos removal, Enact Partners worked with the borrower to fund the remaining rehabilitation costs. This allowed the borrower to bring his vision to fruition. The final product will consist of more than 75 furnished studio apartments, each with their own amenities.