FOURMIDABLE, a national real estate management company, was designated as the new managing agent for two Low Income Housing Tax Credit communities consisting of 246 apartments in Michigan and Tennessee.
Edgewood Villas Apartments consists of 150 apartments in Lansing, Michigan. Edgewood Villas offers one-bedroom apartments and two- and three-bedroom townhomes and features private entrances, washer and dryer (stackable) connections in each home, gas stove, eat-in kitchens, central air/heat, walk-in closets, washer/dryers in select apartments, walk out patios and covered parking included in the rent.
The new ownership group has plans to paint and make upgrades to the common areas. Edgewood Villas Apartments is an affordable housing community.
Sycamore Place consists of 96 apartments in Ashland City, Tennessee, and provides two- and three-bedroom apartment home living. The community offers a swimming pool, exercise room and clubhouse. Sycamore Place Apartments is an affordable housing community.