Source: Fourmidable / #Apartments #Multifamily
MORRISTOWN, TN - FOURMIDABLE, a national real estate company, has opened four new communities in Tennessee, each of which adds to the inventory of affordable housing in the state.
Each 64-unit community features luxury floor plans that include modern kitchens and in-unit washers and dryers, a community fitness center, clubhouse, and swimming pool, as well as free Wi-Fi for all units and a community business center.
"We are so proud to help provide great affordable apartments to well-deserved people in the state of Tennessee," said Michael Schocker, President of FOURMIDABLE. "These communities are beautiful, with great amenities that will make it a remarkable place to call home."
FOURMIDABLE currently manages a total of 12 communities throughout Tennessee plus an additional community under construction in Somerville with an anticipated opening of late 2016.
Each of the new FOURMIDABLE communities were financed in part through federal tax credits awarded by the Tennessee Housing Development Authority as part of the Low Income Housing Tax Credit program.
FOURMIDABLE is a national real estate management and brokerage company that specializes in managing, marketing and leasing market rate, tax credit, senior and family government assisted, public housing and rural development apartment communities. Founded in 1975, FOURMIDABLE currently manages 78 communities in eight states, with more than 8,000 units under management.