Real Estate Developments

Sandstone Highland Apartments

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Description

Sandstone Highland Apartments is a 71 unit LIHTC property located in Flagstaff, AZ. The site was placed in service in 2006 after New Construction by the ownership team.

Project Details

Type

Multi-Family

Status

Completed

Address

300 W High Country Trail

City

Flagstaff

State

AZ

Zipcode

86001

Construction

New Construction

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Number of units for rent

Number of units for sale

Number of affordable housing units

71

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 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:

          18 Years

          Interest Rate:

          6.85

          Original Loan Amount:

          $2,000,000.00

          Loan Category:

          542(b) QPE Risk Sharing-Recent Comp

          Final Endorsement Date:

          12-28-2006

          First Payment Date:

          02-01-2007

          Maturity Date:

          01-01-2025

          Tax Exempt Bond:

          No

          Finance Year:

          2007