FOURMIDABLE Opens 80-Unit Affordable Apartment Community Property in Verona, Mississippi

FOURMIDABLE Opens 80-Unit Affordable Apartment Community Property in Verona, Mississippi

VERONA, MS - FOURMIDABLE, a national real estate property management and brokerage firm, has announced the opening of Tall Oaks, its newest community, located in Verona, Mississippi.

The Tall Oaks community offers 80 three-bedroom and two-and-one-half bath townhomes with attached garages as part of a newly constructed, energy efficient, community. The units feature fully equipped kitchens with dishwasher, and in-unit washer and dryer. There is also a business center, furnished clubhouse and complimentary Wi-Fi.

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

Tall Oaks is being developed in cooperation with the Mississippi Home Corporation under the state's Low Income Housing Tax Credit program. The general contractor on the project is Winters Construction of Oxford, Miss., and the developer for the community was Tall Oaks East and West 2015, LP.

The first residents of Tall Oaks moved into their beautiful new homes in January. Applications are still being accepted online with preferences being given to veterans. Rental rates are $530 a month. 

While there are income limitations for potential applicants, there are no direct rent subsidies.

FOURMIDABLE also has plans to open another new community in Columbus, Miss. The rental community, Fountain Square, is expected to open in May 2017.

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 ten states, with more than 9,256 units under management.

Source: Fourmidable / #Apartments #Multifamily

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