Real Estate Developments

Tierra Rose Apts

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Description

Tierra Rose Apts is a 126 unit LIHTC property located in Salem, OR. The site was placed in service in 2004 after New Construction by the ownership team.

Project Details

Type

Multi-Family

Status

Completed

Address

4254 Weathers Street Ne

City

Salem

State

OR

Zipcode

97301

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

126

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:

          36 Years

          Interest Rate:

          7.45

          Original Loan Amount:

          $6,691,100.00

          Loan Category:

          232 Nursing Homes

          Final Endorsement Date:

          05-27-2004

          First Payment Date:

          04-01-2003

          Maturity Date:

          03-01-2039

          Tax Exempt Bond:

          No

          Finance Year:

          2003