Nonprofit Reopens Renovated Apartments In Little Rock
National Community Renaissance, which bought the rundown Squire Court Apartments I and II in December 2004, has completed its $7 million restoration of the properties and held a grand opening on Thursday.
National Community Renaissance said that when it bought the apartment complex at 5201 Geyer Springs Road in Little Rock, it was in a severe state of neglect and decay. All but 10 of the 155 apartments were boarded up and uninhabitable. Many of the units had extensive fire damage. Drug paraphernalia littered the floors of the boarded up units, the company said.
The apartments have been completely renovated with newly painted interiors and exteriors, landscaping and new playgrounds. And they have a new name - Stone Ridge and Cedar Ridge West apartments. Construction of a 1,500-SF community room is planned for later this year.
National Community Renaissance is a nonprofit housing developer based in Rancho Cucamonga, Calif.
Rents are restricted and potential residents must meet income and other criteria to qualify for a unit. Rents are about $405 for a one-bedroom and $505 for a two-bedroom.
Tags: apartment, court apartments, drug paraphernalia, fire damage, geyer springs road, grand opening, housing developer, Landscaping, neglect, nonprofit housing, renaissance, squire court, unit rents, west apartments0
Thursday, May 15th, 2008
