New Mexico

West Berry Senior Apartments | Hobbs, NM

Loan Amount: $1,700,000

Developer: Monarch Properties, Inc

The West Berry Senior Apartments is a proposed 56-unit multifamily development providing 56 affordable housing units (100% of total) restricted to tenants with household incomes not exceeding 60% of the area median income, featuring one and two-bedroom units in two-story buildings for seniors 55+. It targets senior households, offering on-site service coordinator for health, nutrition, and technology training.

Units: 56