Crescent Club Apartments
4100 S Rio Grande Ave,
Orlando,
Florida 32839
Maximum Allowable Rents in Orange County Increased by Over 13% from 2017 to 2019 with an Additional Increase of 4.75% Projected in 2020,The Occupancy Rate Seen at the Property in 2019 was Nearly 99%,Orlando is One of the Fastest Growing Metros in the Nation and has Seen Job Growth Over Twice the National Average Since 2014,Great Location Just Over 5 Miles from Universal Studios & 14 Miles from Walt Disney World Resort, Crescent Club Apartments is a 215-unit affordable housing community for seniors located in Orlando, FL. Residents enjoy access to major shopping areas, dining, and interstates, as well as peaceful surroundings near various small lakes and an array of amenities. The property is also conveniently close to the Orlando Health Regional Hospital. The famous Universal Studios and Walt Disney World also offers residents a variety of entertainment opportunities., The property was built in 2002 and placed in service in 2003 under the Section 42 Low-Income Housing Tax Credit (LIHTC) program. There is an existing regulatory agreement in place which requires all units to be rented to income qualifying residents earning no more than 28%, 30%, and 60% of Area Median Income (AMI) limits, which are provided by the Florida Housing Finance Corporation. The property is beyond its initial tax credit compliance period., Residents benefit from community amenities such as a clubhouse, relaxing courtyard with fountains, fitness center, on-site laundry facility, swimming pool, gameroom, a hair salon, free health screenings, on-site resident activities, shuffleboard, picnic pavilion, elevators, library, business center, car wash area, gated access, and security system. Crescent Club offers one and two bedroom units that include a full kitchen appliance package, large closets, ceiling fans, and balconies in select units.
Contact
Broker or Owner Contact
Mike
Terry
LIHTC Advisors
6225 N Meeker Pl
210
Boise,
Idaho
83713
Phone: 1-8008403021
mike@lihtcadvisors.com
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ED Contact
Robert
Collins
Orlando Utilities Commission
100 W Anderson St
Orlando,
FL
32801
Phone: (407) 423-9100
rcollins@ouc.com
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Building
Property ID |
34EF1B42-8CD7-4B0E-9136-AB08B8EAEDB4 |
Building Size |
27330 |
Site Size (acres) |
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Zoning |
R-3 |
Year Built |
1975 |
Number of Drive-In Doors |
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Number of Dock-In Doors |
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Clearance Height |
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Drive-in Doors |
no |
Sprinklered |
no |
Parking Ratio |
0 |
Updated |
2002 |
Number of Parking Spaces |
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Parking |
no |
HVAC |
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Pricing
For Sale |
no |
Sale Price |
0 |
For Lease |
yes |
Lease Type |
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Lease Cost |
0 |
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Geographic and Infrastructure
Latitude |
28.501309 |
Longitude |
-81.401504 |
County |
Orange County |
Rail Access |
no |
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Utilities
Service to Property |
no |
Electric Provider |
OUC |
Gas On Site |
no |
Gas Provider |
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Water On Site |
no |
Water Provider |
OUC |
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Fiber Optics |
no |
Telecom on Site |
no |
Sewer On Site |
no |
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