759 E King St, Kings Mountain, NC 28086
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey, Ben D. Layfield| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 - 3 Beds | 2 Baths | 1,042 - 1,199 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
A quaint community with the true feeling of home. Cambridge Oaks features newly constructed apartment homes in Kings Mountain, NC. Conveniently located minutes from E King Street, close to restaurants, shopping centers and the YMCA. Choose from two and three bedroom apartments homes available for rent. Professionally managed by Housing Management Resources, Inc., Cambridge Oaks offers residents a number of modern amenities, including energy star kitchen appliances, private balconies with additional storage space, high ceiling with custom fans. Each apartment home includes washer/ dryer hookups, walk-in closets and are cable ready. Residents enjoy a clubhouse, business and fitness centers complete with state of the art equipment! Contact their professional staff to schedule a tour of your new home at Cambridge Oaks today!
*Household income limits apply*
Because Cambridge Oaks Apartments participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Two Bedroom (2/2) | 1042ft2 | Call for Price† |
| Three Bedroom (3/2) | 1199ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $24,250 / year | $27,700 / year | $31,150 / year | $34,600 / year | $37,400 / year | $40,150 / year |
| 50% AMI for PBRA Units | $24,250 / year | $27,700 / year | $31,150 / year | $34,600 / year | $37,400 / year | $40,150 / year |
| 60% AMI for LIHTC Units | $29,100 / year | $33,240 / year | $37,380 / year | $41,520 / year | $44,880 / year | $48,180 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Cambridge Oaks Apartments have a waiting list?
Cambridge Oaks Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Cambridge Oaks Apartments?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Cambridge Oaks Apartments?
Cambridge Oaks Apartments is managed by HMR Properties headquartered in North Quincy, MA.
In addition to Cambridge Oaks Apartments, how many other affordable housing properties (and units) are there in Kings Mountain?
In addition to Cambridge Oaks Apartments, we list 10 other affordable properties in Kings Mountain. Learn about these properties here. Our data research shows that there are a total of 647 affordable units in Kings Mountain.
When was the Cambridge Oaks Apartments listing last updated?
Cambridge Oaks Apartments listing on Affordable Housing Online was last updated on 03/16/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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