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Properties listed in Harris

$ 630,000
The Pinewood Apartments consists of 17 affordable apartment units. All residents are 62 years of age or older, or have a verifiable disability. All of the units are contained in one building with 16 one bedroom units and 1 two bedroom unit. It is a Class B Rural Development (RD) 515 with a HUD Section 8 contract covering 100% of the units. This program creates affordable rental housing for low income residents of rural areas in the United States. Tenants at Pinewood pay rent equal to 30% of their income with the rest paid by Rental Assistance (RA) from the government. When the property is sold, it can remain in the program or convert to market rate.
18,673.00 ft2

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