Sarazin Flats I located at 1575 Sarazin Street in Shakopee, MN! Situated in the heart of Shakopee near Canterbury Park, Sarazin Flats will give tenants great access to retailers and employers alike. The property contains 57 units spread across one, two, and three bedroom layouts with in home laundry, spacious closets, and luxury vinyl planking. This is the first phase of a two phase project.
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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.
Sarazin Flats Apartments is managed by Velair Property Management .