Park Place City Center

416 Ashmun St, Sault Ste. Marie, Michigan 49783

In the heart of beautiful downtown Sault Ste. Marie, Michigan, Park Place City Center provides a blend of residential and commercial opportunities in a historical preservation project. This unique space combines modern conveniences with classic architectural features.

Newly renovated 1, 2 & 3 bedroom apartment homes combine classic features with every modern convenience. Great location and amenities make these apartments hard to resist!

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom Loft (1/1) 572-982 Call for Price
2 Bedroom (2/1) 771-1233 Call for Price
3 Bedroom (3/1) 1300 Call for Price

Park Place City Center Details

  • 24 1, 2 and 3 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Snow Removal
  • Smoke Free
  • High Speed Internet Access
  • 24 Hour Maintenance

Unit Amenities

  • Central Air
  • Dishwasher
  • Garbage Disposal
  • Water Trash and Sewer Included
  • Washer and Dryer Included

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Sault Ste. Marie Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Sault Ste. Marie but actual income limits may differ for units at Park Place City Center.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $25,050 $28,600 $32,200 $35,750 $38,650 $41,500 $44,350 $47,200
Low Income (60%) $30,060 $34,320 $38,640 $42,900 $46,380 $49,800 $53,220 $56,640

Park Place City Center is managed by KMG Prestige.

Image of Park Place City Center
Image of Park Place City Center

Nearby Low Income Apartment Communities

Wood Creek Apartments

1708 Meridian St
Sault Ste. Marie, Michigan
Call For Rent
1-2 BR