Real Estate Developments

Cottage Trails At Culpepper La

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Description

Cottage Trails At Culpepper La is a 135 unit LIHTC property located in Chesapeake, VA. The site was placed in service in 2012 after New Construction by the ownership team.

Project Details

Type

Multi-Family

Status

Completed

Address

514 Mill Creek Parkway

City

Chesapeake

State

VA

Zipcode

23323

Construction

New Construction

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Number of units for rent

Number of units for sale

Number of affordable housing units

135

LEED Designation

Project Cost

Parking Spaces

Zoning

Hotel Rooms

Retail Space

Office Space

Square Footage

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Highest Rent Price

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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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          Project Financier(s):

          Type of Loan:

          40 Years

          Interest Rate:

          4.3

          Original Loan Amount:

          $17,489,700.00

          Loan Category:

          221(d)(4) Mkt. Rate Mod Inc/ Disp Fams

          Final Endorsement Date:

          08-30-2012

          First Payment Date:

          05-01-2012

          Maturity Date:

          04-01-2052

          Tax Exempt Bond:

          No

          Finance Year:

          2012