Desert Horizon Apartments
Desert Horizon Apartments, located in Desert Hot Springs, CA is a 45-unit family property built in 1982.
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Summary
Name: Desert Horizon Apartments
Location: Desert Hot Springs, CA
Property Type: Multifamily, 100% Affordable
Total Project Cost: $7,833,252
Unit Mix: 45 Units
- 20 1-Bedroom Units
- 13 2-Bedroom Units
- 11 3-Bedroom Units
Date Acquired: May 1, 2017
Rehabilitation Cost: $5,181,253
Financing Partners and Finacing: Chase Bank for construction. Bonneville Multifamily with a USDA guarantee for permeant loan. Boston Financial Investment Management provides the tax credit equity.
