| Description: |
Sundale Arms Apartments has 132 garden-style units, conveniently located in San Francisco's East Bay town of Fremont. The property is less than one mile from Fremont's Central Park and close to ample shopping, restaurants, and transportation, with easy access to Interstates 880 and 680, BART (Bay Area Rapid Transit), and AC Transit.
With its park-like setting, Sundale Arms Apartments provides a welcome haven for residents at the end of a busy day. The complex offers three spacious floorplans, each with a private patio or balcony. The apartments are equipped with carpets, window coverings, ceiling fans, dishwasher, garbage disposal, walk-in closets, and cable or satellite TV. |
| Development Details: |
132 apartment units
100% affordable up 60% of median income
$2,070,000 tax credit equity
$7.275 million tax exempt bond
$1.3 million rehabilitation completed in November 1998
Issuer: ABAG Finance Authority of Nonprofit Corporations
Construction Lender: U.S. Bank
Permanent Lender: Fannie Mae
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