Utah

Station at Pleasant View Apartments | Pleasant View, UT

Loan Amount: $5,683,000

Developer: Pleasant View Holdings Management, LLC

Station at Pleasant View Apartments is a multifamily project that comprises 72 units in each of Phase I and Phase II. One hundred twenty-eight units are restricted for households earning 25% to 50% of AMI, averaging 43% AMI rent targeting, serving low-income families. Amenities include a clubhouse, fitness center, playground, picnic areas, sports court, and a raised community vegetable garden, promoting community engagement and healthy living. Phase I Loan Amount: $3,283,000; Phase II Loan Amount: $2,400,000.

Units: 72