Wyoming

Blue Ridge Apartments | Lander, WY

Loan Amount: $1,070,000

Developer: Phoenix Holding Group, LLC

The Blue Ridge Apartments is an existing 40-unit multifamily development providing 39 affordable housing units (97.5% of total) restricted to tenants with household incomes not exceeding 45.25% of the area median income, featuring a mix of one, two, and three-bedroom units in two buildings. It targets low-income families, offering affordable rentals in a rural neighborhood that is 50% built out.

Units: 40