Located
adjacent to one of the city's major thoroughfare's, this sixty-four (64)
unit apartment complex succeeds in offering tranquil, affordable living.
Cypress Manor is conveniently located near Interstate 17, shopping centers,
grocery stores and public schools. The Manor also benefits from a diligent
and efficient Block Watch.
 
Cypress Manor offers exceptionally spacious one, two and three bedroom
apartment homes, for residents with low and moderate incomes. The Manor
offers twelve (12) one-bedroom apartment homes for residents with moderate
income, forty (40) two bedroom apartments and twelve (12) three-bedroom
apartments. One-bedroom apartments offer 844 square feet, two-bedroom
apartments offer 1024 square feet and three-bedroom apartments offer 1200
square feet. Two and three bedroom apartments are offered at both income
levels.
The monthly rental amount for these incredible apartment homes range from
$424 to $554. The monthly rental amount for one-bedroom apartment homes
is $424. The monthly rental amount for a two-bedroom apartment is $444 for
a low income family and $484 for a moderate income family. The monthly rental
amount for a three-bedroom apartment is $494 for a low income family and
$554 for a moderate income family. Rental agreements and renewals may be
negotiated for terms of three months to one year. Residents that have completed
one regular rental term may go on a month by month basis for an additional
$25 per month. Please refer to the diagram below for minimum and maximum
(gross) yearly income requirements.
Please utilize the
following information when examining the chart below:
Low = low-income families with minimum of
40% of Median and maximum of 60% of Median
Moderate = moderate income families with
minimum of 60% of Median and maximum of 80% of Median
| Family
Size |
Unit
Size |
40%
Median |
60%
Median |
80%
Median |
| 1
2
3
4
5
6 |
1
1 or 2
2
2 or 3
3
3 |
$16,840
$19,240
$21,640
$24,040
$25,960
$27,880 |
$25,260
$28,860
$32,460
$36,060
$38,940
$41,820 |
$33,680
$38,480
$43,480
$48,080
$51,920
$55,760 |
A security deposit is required and is $100. In addition, there is a nonrefundable redecorating
fee of $90 and an application fee of $25.
For additional information, please call the site manager at (602) 242-1051.
|
