WALDEN GLEN APARTMENTS
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Location: 

6570 Knott Avenue in Buena Park, California. 

Project Description: 

There are 186 units -- 8 studios/one-bedroom and 177 two-bedroom units.  All of the units are rented to families earning 60% or less area median income.

Background and Status:
Purchased in July 2000.  Project renovation of over $2 million was completed in June 2001. A limited partnership between Wakeland and Fairfield Residential.  Wakeland is the managing general partner; Fairfield is the co-general partner.

Property Management:

Fairfield Residential

Financing Sources: 
Tax-exempt bonds, tax credits and a loan from the Buena Park Redevelopment Agency.

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

Quick Stats

Partner Profile   

Fairfield Residential LLC is one of the nation's largest multifamily developers.

Each residence is designed and appointed as a "scaled-down custom home," with amenities, layouts, and locations seldom available in an apartment home environment.

625 Broadway, Suite 1000  
San Diego, CA 92101

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619.235.2296   
Fax: 619.235.5386

(c) 2002-2005  Wakeland Housing and Development Corporation