Property #1 - Park Village Apartments
|Property:||Park Village Apartments||Type:||QC||Added:||8-14-18|
|Price:||$6,543,507||Size:||80 units 10 buildings||Lot Size:||8.1 acres|
|Address:||918 Rocky Mount Road Athens, TN 37303||Area Overview Map||County:||McMinn|
Park Village Apartments is a family tax credit property located in Athens, Tennessee. It was recently refinanced and required a moderate amount of renovation. Park Village consists of 10 residential apartment buildings containing a total of 80 apartment units and a resident clubhouse.
a) 8 one-bedroom units restricted to 50% of AMI and 8 one-bedroom units
restricted to 60% of AMI each containing approximately 958 square feet of
living space and b): 8 two-bedroom units restricted to 50% of AMI and 40 two-bedroom
units restricted to 60% of AMI each containing approximately 1,150 square feet
of living space and c): 16 three-bedroom units restricted to 60% of AMI each
containing approximately 1,341 square feet of living space. Floor plans include
private deck or patio, kitchens include dishwasher, garbage disposal, and
washer/dryer connections. Site amenities include pool with sun deck, resident
clubhouse, playground, landscaped grounds, professional on-site management, and
24-hour emergency maintenance service.
By accessing this website, you acknowledge that the information regarding the properties listed on this website is provided by the owners of the properties and has not been independently verified by the Tennessee Housing Development Agency (“THDA”). THDA is only publicizing such information in the Qualified Contract process in its capacity as the credit allocating agency for Tennessee, in accordance with Section 42 of the Internal Revenue Code of 1986, as amended. THDA makes no representation or warranties, expressed or implied, and none should be inferred, as to the accuracy, validity, or timeliness of any information provided on this website. Any interested party is responsible for conducting their own independent due diligence regarding the accuracy of such information, the quality and marketability of the property, and the feasibility, suitability, and risk of undertaking any activity in connection with any property listed. Therefore, the THDA has no liability to any person or entity for any loss or damage (direct, indirect, special, consequential, or incidental) resulting in whole or in part on the reliance of any information provided herein.