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ADDRESS:
4583 Cochran St
Simi Valley, CA 93069
COUNTY: Ventura
PROJECT DESCRIPTION:
Las Palmas joined an existing partnership with ASH, Inc., to own and operate a 112 unit senior apartment complex in Simi Valley, California. The community offers an activities director who administers educational and recreational services. The common area amenities include a community center, swimming pool and spa.
Ashlee Manor is within walking distance of many nearby grocery stores and retail centers.
PROPERTY MGMT: ASH Inc.
FINANCING:
Permanent Loan: ARCS Commercial Mortgage Co.
UNIT MIX:
98 – 1 bedroom (500 sq. ft.)
14 – 2 bedroom (664 sq. ft)
NUMBER OFAFFORDABLE UNITS:
24 units – 80% AMI
44 units – 60% AMI
RESIDENT SERVICES: More Information
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