Centrant Community Capital provided a $1,810,478 permanent mortgage loan to finance the acquisition and rehabilitation of Foxworth Forest Apartments located in Newnan, GA. This 72-unit property was completely rehabilitated with new roofs, exterior siding, windows and doors, as well as all-new interior fixtures, finishes and appliances. The existing community building was demolished and replaced with a larger building offering an on-site leasing office, laundry room, computer room and meeting space with a kitchen. In addition to the Centrant mortgage, the project received allocations of federal and state housing tax credits.
Please note: Centrant Community Capital is a financing entity, and is not involved in the on-going leasing or management of the property or properties highlighted in this post. For unit availability and leasing information, prospective residents are advised to contact the leasing office directly.