ADDRESS:
3200 East Baristo Road
Palm Springs, CA 92262
(760) 320-8420
COUNTY: Riverside
PROJECT DESCRIPTION:
Las Palmas and Bentall Residential purchased and renovated this 116-unit HUD project-based Section 8 apartment complex in 2006. The improvements included:
Exterior: New roofing, paint, windows, doors and plush desert landscaping.
Interior: The units were updated with all new carpeting, flooring, air-conditioning, refrigerators, stoves, cabinets, countertops and bathroom and kitchen fixtures. The community room was also updated.
AMENITIES INCLUDE:
Community Room
Interior garden with heated pool and spa
Total of 57 parking spaces and 5 handicap spaces
Laundry facilities
Conveniently located less than one mile from the community is a shopping centers (including Vons, Rite-Aid and Ross), police department and the Palm Springs International Airport.
The community is affordable to residents earning between 50% – 60% of the area median income.
PROPERTY MGMT: John Stewart Company
FINANCING:
Tax Credit Equity Investor: AIMCO
Construction and Permanent Lender: CalHFA
HUD Subsidy: Project-based Section 8
UNIT MIX:
116 Units
Number of Units / Bedrooms / Unit Size
115 / 1 / 477 Sq. Ft.
1 manager / 1 / 477 Sq. Ft.
100% AFFORDABLE:
Number of Units / % AMI
35 / 50%
80 / 60%
1 manager
RESIDENT SERVICES: More Information
