MSP Real Estate will begin accepting applications for the affordable units in its New Berlin City Center development today, Thursday, May 3, 2012 at 10:00 a.m. at 15155 W. National Avenue in New Berlin. By 9:00 a.m., more than 40 individuals interested in applying for a lease were in line, anxiously waiting for the office to open. Some have been in line since 2:00 a.m.
“We have always been confident that there is a need for this type of housing in the New Berlin community,” said Milo Pinkerton, President of MSP Real Estate. “The response from people interested in residing at the City Center has been overwhelming and proves that this development is meeting a great need in the community”
About the City Center at Deer Creek
City Center at Deer Creek will consist of three 34-unit buildings consisting of one, two and three bedroom apartments ranging in size from 980-1900 square feet. These units will be operated as affordable rentals with 86 of the 102 units reserved for residents earning no more than 60 percent of the area median income. Fifteen units will be rented for market rate tenants with no income restrictions. One unit will be reserved for an onsite manager.
Rents will range from $530-1400 and will initially include one underground parking space, storage and owner-paid high speed internet. The property is being built to “Wisconsin Green Built” standards and will include high efficiency heating and cooling systems, energy star rated appliances and LED Lighting for the property and parking garage. This property will also have a solar electric system. Units will also include a stainless steel appliance package and granite countertops.
About MSP Real Estate, Inc.
MSP Real Estate Inc. builds high quality energy efficient buildings, leading the standard for apartment conservation in Wisconsin.
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