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11-26-2001
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Tablel 0 <br /> City of Elk River <br /> Rental Analysis <br /> General Occupancy <br /> Bedroom Mix Rent <br /> Project Year <br /> Project Type Built Units 1 BR 2BR 3BR 1BR 2BR 3BR Vacancy <br /> Ridgewood Manor MR 1987 80 20 60 0 $650 $725-750 1 <br /> Dove Tree Apartments TC 1995 68 25 26 17 $610 $725 $825 0 <br /> Lions Park Apartments MR 1989 61 3 47 11 $600 $635-695 $825-845 0 <br /> Park Pointe Apartments TC 1995 51 3 24 24 $535 $645-695 $705-755 2 <br /> Elk Ridge Manor TC 1983 44 2 34 8 $335-495 $480-543 $420-583 0 <br /> River Garden Apartments MR 1980 30 13 16 1 $575 $700 0 <br /> Lanesboro Heights S 1980 30 0 22 8 $784-828 $857 0 <br /> Tara Hills Estates MR 1981 26 5 11 10 $465 $580 $720 0 <br /> Balmoral Apartments MR 1979 24 0 24 0 $575-675 0 <br /> River City Apartments MR 1972 21 4 17 0 $625 $645-655 0 <br /> Knollwood Apartments MR 1976 12 1 11 0 $550 $590 0 <br /> Total 447 3 (.7%) <br /> Elderly <br /> Bedroom Mix , Rent <br /> Project Year <br /> Project Type Built Units 1 BR 2BR 3BR 1BR 2BR 3BR Vacancy <br /> Guardian Oaks S 1981 63 61 2 0 30% 0 <br /> Angel Ridge S 1993 53 53 0 0 30% 0 <br /> Evans Park Apartments MR 1986 36 24 12 0 $609 $756 0 <br /> Total 152 0 (0%) <br /> Source: Admark Resources <br /> S-Subsidized,MR-Market Rate,and TC-Tax Credit <br /> III • • <br />
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