Eastridge Apartments



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Description:

Eastridge Apartments is a senior community located in Grass Valley, South Placer County, California. The community is convenient to Interstate 80 and state freeway Route 65, and has access to the San Francisco Bay Area, the Los Angeles Basin, Oregon, and Nevada. Recreational facilities in the area range from arts and culture to shopping and dining. Within the county lies Folsom Lake State Recreation Area and Eastridge is immediately adjacent to a golf course. Within a two-hour drive, Lake Tahoe and its recreational assortments are also accessible.

The community has 80 units ranging from studios to 2-bedroom apartments. The units feature wall-to-wall carpeting, heating and air conditioning, garbage disposals, blinds, and modernized kitchens and bathrooms. The community offers a meal program as well as a variety of social programs for its residents.


Address: Eastridge Apartments
85 Rockwood Drive
Grass Valley, CA 95945
Phone: 530-272-1888
Fax: 530-272-4812
E-mail: eastridge@fpimgt.com
 
No. of Homes: 80 apartments
Studio: 12
1-bed: 56
2-bed: 12

Special Features: Affordable living for active adults 55 years or older
Close to shopping and historic sites in the heart of California Gold Country
Many amenities for the convenience of older adults
Pets not allowed
 
Management
Company:
FPI Management, Inc.
800 Iron Point Road
Folsom, CA 95630
Phone: 916-357-5300
Fax: 916-357-5310

Development Details:

80 senior apartment units
70% affordable up to 60% of median income
30% affordable up to 50% of median income
$682,000 tax credit equity
$2.545 million lower floater tax exempt bonds
$700 thousand rehabilitation completed in May 2000
Issuer: ABAG Finance Authority of Nonprofit Corporations
Construction Lender: U.S. Bank
Permanent Lender: Fannie Mae

 
Eastridge Apartments
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