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BRISTOL APARTMENTS
Next Property
Location:
South First Street (Highway 113) at Parkway Blvd. in Dixon, California.
Project Description:
There are 102 units (26 one-bedrooms, 44 two-bedrooms and 32 three-bedrooms).
All units are rented to families earning 60% or less area median income.
Background and Status:
The project is part of a new master-planned community called Valley Glen.
Completion is expected in Spring 2006. The ownership structure is a limited
partnership in which Wakeland is the managing general partner and Fairfield
Residential is the co-general partner.
Property Management:
Fairfield Properties
Financing Sources:
Tax-exempt bonds and tax credits.
Resident Services:
Bristol Apartments will feature a community center, offering residents a
computer lab. Other services to be provided: a comprehensive after-school
program and ongoing adult educational workshops and classes.
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