income based apartments in winston salem nc

All apartments are spacious one bedroom units. We are in close proximity to a YMCA, shopping centers, and restaurants. To qualify residents must be 55 years of age and/or disabled. It's worth noting that in order to get the most accurate valuations it's important to have access to current and accurate data, such as lease agreements, financial statements, repair and maintenance records, real estate comparables and etc. See 78 low income, HUD, and Section 8 apartments for rent within Westend in Winston-Salem, NC with Apartment Finder - The Nations Trusted Source for Apartment Renters. West Hill Apartments is a 63 unit Senior/Disabled Community located in the historic West Hill neighborhood of Winston Salem. This method is typically used as a check against the other two methods, as it provides an estimate of what it would cost to replicate the property. This includes the cost of the land, the cost of construction, and any necessary improvements or renovations. Cost approach: This method values the property based on the cost to rebuild or replace it. This method is useful for getting an idea of what similar properties are selling for in the area. We simplify the process of finding a new apartment by offering renters the most comprehensive database including millions of detailed and accurate apartment listings across the United States. This includes looking at recent sales of similar apartment complexes and adjusting for any differences in size, location, and condition. Market approach: This method values the property based on comparable sales of similar properties in the area. Then, divide the NOI by the capitalization rate (cap rate) to determine the value of the property. To use this method, you'll need to calculate the property's net operating income (NOI) by subtracting operating expenses from gross income. This includes the rent collected from tenants, any additional income from amenities or services, and any expected future income. Non profit senior and family low income apartments. Income (based) restricted housing tax credit apartments. Income approach: This method values the property based on the income it generates. 23 low income housing apartment complexes in Winston Salem, North Carolina. 440 Hariot Drive, Elizabeth City, NC, 27909. You will need to contact the apartments to determine if you qualify for income based rent.Valuing an apartment complex can be done using several methods, including the income approach, the market approach, and the cost approach. Housing Authorities near Winston-Salem, NC Elizabeth City Housing Authority. They are based on 30% of the renters adjustable gross income. Most HUD listings do not have published rates. We provide current apartment rates on many listing pages. Call the apartments directly if they have openings or open waiting lists. Our home is in Winston-Salem and roughly half of our work has taken place in Forsyth County and. Our most recent efforts have focused on the homeless or at risk populations. The key is to try to get on as many waiting lists as possible. Over a 44-year period, NCHF has created over 2,500 units of quality housing for the elderly, disabled, and low-income families across the states of North and South Carolina. Some of these lists can take years until you can be called for openings. Most low income apartments have waiting lists. They are on the bus line, with a stop near the office. Winston-Salem, NC 27101 12 Beds 12 Baths 10+ Units Available Details 1. in part through the Low Income Housing Tax Credit (LIHTC) program. Pets are welcome with certain restrictions.Īsk about our current specials!!! Water, sewer, and trash are included in the rent. Below this select For rent by owner to filter all houses and condos that. CHESTNUT PLAINS APTS 1393 CHESTNUT PLAINS CT WINSTON SALEM NC 27105 No 1989 80,463. They have 1, 2, and 3 bedroom apartments ranging from $499 - $755. Salem Crest is located in the heart of Winston-Salem, but with a country feel.

Income based apartments in winston salem nc