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| Property & City: |
Lincoln Park
400 W. 6th St.
Newton, KS 67114
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| Type: |
Historical Rehabilitation |
| Occupancy: |
Senior Housing |
| Units: |
24 |
| Complete: |
2010 |
| Management Company: |
MetroPlains Management/ 701-662-4776 |
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Exterior 2
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Exterior 3
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Typical Unit
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| Summary: |
Constructed in 1917, this former school complex was built of masonry in the Beaux Arts Style of architecture and has been well maintained since its construction. The facility has been converted into full-sized one- and two-bedroom apartments complete with combined living and dining areas, full kitchens, bathrooms, bedrooms and closet/storage areas.
The substantial rehabilitation maintains and enhances the existing external appearance of the building. This was accomplished through retaining and restoring the existing masonry details, openings, window locations and entries.
Sources of Funds
First Mortgage 341,381
CDBG Funds 200,000
Partnership Investment 2,215,107
Deferred Development Fee 122,287
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