Real Estate Developments

Cove Point Apartments

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Description

Cove Point Apartments is a 56 unit LIHTC property located in Provo, UT. The site was placed in service in 2008 after New Construction by the ownership team.

Project Details

Type

Multi-Family

Status

Completed

Address

1186 Columbia Lane

City

Provo

State

UT

Zipcode

84604

Construction

New Construction

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Number of units for rent

Number of units for sale

Number of affordable housing units

56

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

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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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          Project Financier(s):

          Type of Loan:

          35 Years

          Interest Rate:

          6.48

          Original Loan Amount:

          $2,307,300.00

          Loan Category:

          223(a)(7)/207/223(f) Refinanced Insurance

          Final Endorsement Date:

          06-20-2008

          First Payment Date:

          08-01-2008

          Maturity Date:

          07-01-2043

          Tax Exempt Bond:

          No

          Finance Year:

          2008