Name: 144 S Fair Oaks Ave Apt 421, Madison, WI 53704
Brand: Stone House Development
SKU: 9401120
Price: 1025 USD
Availability: OutOfStock

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Stone House Development, Inc. is a leading developer of multi-family properties using Section 42 and Historic Tax Credits.
As developer and property manager, Stone House is responsible for securing all necessary project financing, including equity; supervising the project’s design, construction, and marketing; and providing long term management of the project. Stone House Development, Inc. is committed to providing quality management for high-quality apartment and condominium communities. Stone House employs a team of qualified individuals to ensure our ability to maintain high standards for building management, maintenance and resident services.

Stone House Development is currently the property manager and Section 42 compliance specialist for 20 apartment projects located in Wisconsin. Of the 20 properties, 7 are historic renovations containing mixed income housing. The other properties are new construction either 100% affordable or mixed properties. The Stone House team also performs management and accounting services for other property owners.

CONTEMPORARY & SPACIOUS APARTMENT LIVING IN AN AMAZING LOCATION

Fair Oaks is an exciting apartment community located in Madison’s vibrant and active Atwood neighborhood.
Experience SMOKE FREE LIVING in these modern and spacious apartments while enjoying the many amenities the property has to offer: fitness center, business center, community lounge, community gardens, and playground.
The community also includes onsite management, 24hr emergency maintenance and controlled building access.

AFFORDABLE RENT PROGRAM

Select apartments at Fair Oaks are offered at reduced rent amounts as part of an Affordable Rent Program.
Affordable rent apartments are subject to moderate income and student status restrictions. Households must meet program eligibility requirements.

50% Income Limit
1 Person - less than $44,100
2 People - less than $50,400
3 People - less than $56,700
4 People - less than $62,950
5 People - less than $68,000
6 People - less than $73,050

60% Income Limit
1 Person - less than $52,920
2 People - less than $60,480
3 People - less than $68,040
4 People - less than $75,540

Maximum income is based on household size. Moderate income and student status restrictions apply. Unit cannot be entirely occupied by full-time students. Some exemptions apply - contact us for details. (Pricing, inclusions, and eligibility subject to change)

D Floor Plan - 1 Bedroom Income Restricted - Eastside - 1 Bedroom Income Restricted - 50% Level
Located in Madison’s Atwood neighborhood, Fair Oaks is an exciting new apartment community offering affordable rental opportunities.
These apartments offer spacious floorplans, oversized windows, vinyl plank flooring throughout, and energy star stainless steel appliances.
This convenient location offers residents easy access to transportation, various community events, restaurants, farmers’ market, and shopping.
Moderate income and student status restrictions apply
Maximum income based on household size:
1 Person - less than $42,750
2 People - less than $48,850
Unit cannot be entirely occupied by full time students.
Some exemptions apply - contact us for details.
Tenant Liability Insurance Required. (Minimum coverage of 100K)
(Pricing, inclusions, and eligibility subject to change)

15 nearby routes: 15 bus, 0 rail, 0 other

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