Real Estate Developments

Cliff Creek Apartments

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Description

Cliff Creek Apartments is a 182 unit LIHTC property located in Fayetteville, NC. The site was placed in service in 2016 after New Construction by the ownership team.

Project Details

Type

Multi-Family

Status

Completed

Address

775 Cl Tart Circle

City

Fayetteville

State

NC

Zipcode

28314

Construction

New Construction

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Financier(s):
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Number of units for rent

Number of units for sale

Number of affordable housing units

182

LEED Designation

Project Cost

Parking Spaces

Zoning

Hotel Rooms

Retail Space

Office Space

Square Footage

Lowest Housing Sales Price

Highest Housing Sales Price

Lowest Rent Price

Highest Rent Price

Neighborhood:

Housing Rental Price Range:

Housing Sales Price Range:

# of Residential Units in Progress:

Hotels Rooms in Progress:

Office Space in Progress:

Retail Space in Progress:

Closest Metro Station:

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    Closest Grocery Store within 1 mile:

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          Project Financier(s):

          Type of Loan:

          40 Years

          Interest Rate:

          3.4

          Original Loan Amount:

          $16,814,300.00

          Loan Category:

          223(a)(7)/221(d)(4) MKT Refi/ Moderate Income

          Final Endorsement Date:

          08-30-2016

          First Payment Date:

          10-01-2016

          Maturity Date:

          09-01-2056

          Tax Exempt Bond:

          No

          Finance Year:

          2016