Developments > Hapgood and Cottage Apartments
This project combines two separate properties – Cottage Street Apartments, a 25-unit apartment complex in five buildings on Harrington and Cottage Streets, and Hapgood Apartments, a 5-unit apartment building on Cheney Street. Both properties are located within a mile and a half from downtown Athol. The properties, which have been rehabilitated, were originally financed under HUD and the U.S. Department of Agriculture.
Hapgood and Cottage Apartments
Project at a Glance:
Location:
Athol
Development Type:
Rental
Project Type:
Rehabilitation
MHIC Financing:
$1,721,500 in debt financing, $2,415,000 in LIHTC financing
Sponsor:
RCAP Solutions, Inc.
Number of Units:
34
This project combines two separate properties – Cottage Street Apartments, a 25-unit apartment complex in five buildings on Harrington and Cottage Streets, and Hapgood Apartments, a 5-unit apartment building on Cheney Street. Both properties are located within a mile and a half from downtown Athol. The properties, which have been rehabilitated, were originally financed under HUD and the U.S. Department of Agriculture.