CORONADO TERRACE APARTMENTS
Next Property

Location: 

1183 25th Street in the community of Otay Mesa West in South San Diego County.

Project Description:  
There are 312 units -- 268 two-bedrooms and 44 three-bedrooms.  100% of the units are rented to families earning 60% or less area median income.

Background and Status:

Purchased in July 2001.  Project renovation of over $4 million included a new recreation center completed in 2002.  A limited partnership between Wakeland and Related Companies of California.  Wakeland is the managing general partner; Related Companies is the administrative partner.

Property Management:

Related Management Company

Financing Sources:  
Tax-exempt bonds, tax credits, and a loan from the San Diego Housing Commission.

Resident Services:
Resident services include after-school programs, computer classes and a variety of sports activities.

Quick Stats

.  

625 Broadway, Suite 1000  
San Diego, CA 92101

 Home  Organization   Developments  Funding  
    Resident Services  News  Links  Careers

619.235.2296   
Fax: 619.235.5386

(c) 2002-2005  Wakeland Housing and Development Corporation