New Mexico

Skyview Terrace | Hobbs, NM

Loan Amount: $2,500,000

Developer: YES Housing, Inc

The Skyview Terrace Apartments is a 72-unit affordable multifamily housing project, with all units restricted to tenants ranging from 30-80% of AMI and a weighted average of 55%, consisting of 10 two-story townhome and garden-style buildings with one- to three-bedroom units. The property targets families with children, offering supportive services like tutoring and health education. Amenities include a clubhouse, playground, basketball court, and outdoor areas.

Units: 72