Boles Creek Apartments

Improvements that were completed in 2011 to the existing in-unit amenities comprise renovated kitchens, involving replacement of refrigerators as needed, provision of new microwaves, and plumbing fixtures. Other in-unit improvements included replacement of the water heaters as needed, toilets and the majority of shower enclosures. New vinyl dual pane windows and coverings were provided in each unit and flooring was replaced as needed.

Improvements to the existing community include additional drainage. Outdoor grills and picnic benches were also provisioned. The leasing office was renovated for improved aesthetics, functionality to allow the addition of a computer lab and accessibility.

With FPI Management, Inc. at the helm of daily management operations, Boles Creek Apartments residents benefit from the company's forty years of property management experience with an emphasis on resident satisfaction.

Property Detail

Property Type:

Rehabilitation of Affordable Family Housing

Cost for Aquisition and Rehabilitation:

$5,718,000

Hard Cost Rehabilitation Per Unit:

$26,555

Locations:

Weed, California

Funding Partners:

Section 42 Tax Credits, USDA RD 515 and 538 Programs

  • Lending Partners:
  • Chase Community Development Banking, USDA Rural Development, Bonneville Mortgage
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  • Type of Units:
  • One and Two Bedroom Apartments

  • No. Units:
  • 50