Eagle Landing Apartments

Loan Amount

$31,300,000

Lender

Debt Fund

LOAN TYPE

Construction Loan

Eagle Landing is a 216 unit, apartment project on approximately 8.82 acres. The proposed complex will consists of seven, three story wood frame walk up style apartment buildings. The complex will include 77 one‐bedroom/one-bath units of 718 square feet, 120 two‐bedroom/two bath units of 955 square feet and 18 three‐bedroom/two bath unit of 1,210 square feet. The overall average unit size will be 891 square feet. The complex will also have 17 individual garages and 51 storage units. All of the units will feature 9 foot ceilings, washer/dryers, dishwashers, stainless steel kitchen appliances and quartz counters. Each unit will have a concrete deck/patio and storage room off each unit deck/patio. The complex will have an attractive leasing office located at the property entrance with tenant lounge and outdoor pool.