Fourmidable Expands Footprint with New Affordable Apartment Community in Somerville, Tennessee

Fourmidable Expands Footprint with New Affordable Apartment Community in Somerville, Tennessee

SOMERVILLE, TN - FOURMIDABLE, a national real estate property management and brokerage firm currently managing 15 communities throughout Tennessee, announced the opening of Turnrow, its newest community in Somerville.  

"FOURMIDABLE is proud to be part of the city and looking forward to managing such an upscale community," said Michael Schocker, President of FOURMIDABLE. "Turnrow is going to be a wonderful addition to the Somerville area." 

Turnrow offers residents 56 one, two and three bedroom homes. The newly constructed, energy efficient community features fully equipped kitchens with dishwasher, and in-unit washer and dryer.

The community will also offer residents an outdoor pool, business center, fitness center, furnished clubhouse and complimentary Wi-Fi throughout the property.

Turnrow is being developed in cooperation with the Tennessee Housing Development Agency under the Low-Income Housing Tax Credit program. The general contractor is BACAR Constructors of Nashville, Tenn. The developers for the property are Turnrow 2015 Limited Partnership.

The first residents moved into their beautiful new homes in January. Rental rates for Turnrow range from $490 to $590 a month. There are income limitations for residential applicants based on the area median income, but no direct rent subsidies are offered at the community.

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 87 communities in 10 states, with more than 9,256 units under management.

Source: Fourmidable / #Apartments #Multifamily

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