Del Sol Apartments

Location:

3609-3690 Del Sol Blvd
San Ysidro, California

Property Management:

ConAm Management
(619) 428-4721

Project Description:

There are 91 units (2 one-bedrooms, 12 two-bedrooms, 66 three-bedrooms, 11 four-bedrooms). All of the units are rented to families earning 60% or less area median income.

Background & Status:

This is an acquisition/rehabilitation project. The rehab encompassed substantial landscaping improvements, major upgrades within the units and development of a new community center. Construction began in fall 2006 and was completed in December 2007. The project is owned by Del Sol Apartments, L.P., in which Wakeland is the sole general partner.

Financing Sources:

Tax-exempt bonds, tax credits, Multi-family Housing Program and a loan through the San Diego Housing Commission. The acquisition was financed by Washington Mutual and Low Income Investment Fund.

Resident Services:

Resident Services include a Business Center with adult education programs and after-school programs for youth.