Mike Elliott Energy Real Estate Solutions, LLC
Shady Creek Apartments is an 88-unit affordable housing community for seniors 55 and older located in Baytown, TX. Residents enjoy access to major shopping areas, dining, and highways.
The property was built and placed in service in 2000 under the Section 42 Low Income Housing Tax Credit (LIHTC) program. There is an existing regulatory agreement in place which requires all units to be rented to income qualifying residents earning no more than 50% and 60% of Area Medium Income (AMI) limits, which are provided by the Texas Department of Housing and Community Affairs. The property is beyond its initial tax credit compliance period.
Residents benefit from community amenities such as a community pool, clubhouse, on-site laundry facility, fitness center, business center, covered parking, controlled access, on-site management, and 24-hour maintenance. Shady Creek offers one and two bedroom floorplans with open living and dining spaces, a fully equipped electric kitchen, washer/dryer connections, ceiling fans, a built in bookcase, extra storage, and a private patio/balcony.