324 Eleanor Street
San Antonio, Texas 78209 map
(210) 930-6466

Units

Bdrms

Baths

SF

Rent

8

1

1

668

$595

1

1

1

820

$695

9 Total

Management: Encore Property Management
Year Constructed: 1960
Date of Acquisition: December 14, 2004
On-site Staff: Shared with Elmhurst
Land Area: .31 acres; 13,503 SF
Gross Building Area: 7,198 SF
Net Rentable Area: 6,580 SF
Number of Buildings: 2
Number of Stories: 2
Parking Spaces: 11

Eleanor Place Apartments

Amenities

Community amenities will include a fully equipped community room, wooden deck/patio with outside furniture 13 SEER (energy efficient) HVAC Units, separate dining areas, ceramic tiled floors, large walk in closets, ceiling fans, new appliances, with all electric kitchens and an active Homeowner Association. One unit will be available for mobility impaired residents.

Resident Services

Resident Services activities will be shared with Merced’s sister property Elmhurst Place Apartments, located two blocks away.

Affordability

20% of the units (two units) at Eleanor Place are reserved for families of individuals whose income is less than 50% of the Area Median Income.

Financing

Acquisition of Eleanor Place was arranged through alternative investment programs. The Partners For the Common Good, based in Washington, D.C., provided acquisition financing ($150,000). The Partners For the Common Good is a pooled fund created by a coalition of religious congregations of men and women throughout the United States. Rehab financing ($100,000) has been provided by the alternative investment fund of the Adorers of the Blood of Christ, based in St, Louis. Missouri.

Additional Information

The development is owned by Merced Housing Texas. Rehabilitation was completed in 2007.