Construction finished on new 65-unit apartment complex
The search for affordable, high-quality apartment homes in Douglas, Ariz. just got easier, as Simpson Housing Solutions, LLC announced the completion of construction on Sonora Vista Apartments, a 65-unit affordable multifamily apartment community located at 1600 N. Van Buren Avenue.
The new community includes large, hard to fmd 3-bedroom apartment homes, all with a generous 1,058 square feet of living space and 2 baths. Other units offer 2 bedrooms and 2 baths with 908 square feet. Every apartment has been set aside for households earning a maximum of 40% to 60% of the area median income for Cochise County, as published by the Dept. of Housing and Urban Development. Monthly rents range from $315 to $585 - well below prevailing market-rate rents for comparable apartments in the area.
"New affordable communities like Sonora Vista Apartments are designed specifically to meet the needs of working families with children," said Michael Costa, President of SHS. "In addition to contributing new housing stock in areas where most existing multifamily housing is older and offers fewer amenities, SHS is creating more quality choices for these growing families," he added.
Sonora Vista features classic garden-style architecture, and was designed by BMG Inc., AlA. Amenities include professional landscaping, clubhouse/community room, computer learning center, sparkling pool and spa, laundry rooms, outdoor BBQ areas, tot lot and ample resident and guest parking. It is located near schools, shopping and recreational facilities.
Individual apartments offer built-in kitchen appliances, central heating/air conditioning, smoke alarms, patios or balconies, and plush carpeting and vinyl flooring.
SHS partnered with the nonprofit Beyond Shelter Development Housing Corporation on the project, the total development cost of which was $9.1 million. Financing consisted of an allocation of federal low-income housing tax credits and funds from the Arizona State Housing Trust Fund.
Apartments at Sonora Vista are expected to lease quickly. Those wishing to learn more about qualifying for residency, or with other questions, are asked to call (520) 364-3020.
Founded in 1994, Simpson Housing Solutions has developed and/or financed more than 27,000 units of affordable housing throughout the nation, helping to improve the lives of working families and seniors struggling with the high cost of housing. The company is a wholly owned division of Denver-based Simpson Housing Limited Partnership, one of the nation's leading developers and operators of quality apartment home communities.