Yellow Pages |   News Updates |   Events Calendar |   Movie Times | Recycling
Rocklin & Roseville Today Entertainment
HOME

Roseville company buys San Bernadino Senior Apartment Community




SAN BERNARDINO - USA Properties Fund Inc. has acquired Victoria Woods, a 176-unit affordable senior housing community in San Bernardino that will undergo an extensive renovation during the next few months.

USA Properties Fund - which has more than 75 communities in California and Nevada, including four in the Inland Empire - will spend about $4.5 million to renovate Victoria Woods.

The community - soon to be renamed Vintage at Kendall - is located at 1095 Kendall Drive, near a grocery store, drug store, other retail shops, public transportation, two city parks and about a mile southeast from California State University, San Bernardino.

The apartments are available to low-income seniors at least 55 years old who earn 50 percent to 60 percent of the area median income for San Bernardino County.

"We're always looking for opportunities to expand, and Victoria Woods fit exactly what we wanted," said USA Properties Fund President Geoff Brown. "We're going to invest in the community and make it an even better place for residents to call home."

The community features 104 one-bedroom, one-bath apartments and 72 two-bedroom, one-bath units. The one-bedroom apartments are 572 square feet, while the two-bedroom units offer 723 square feet.

The community has 13 two-story apartment buildings and a recreation building, which features a clubhouse with a kitchen, TV room, billiards room, activity center, laundry, restrooms, and a leasing and manager's office. Other on-site amenities include a swimming pool, spa, barbecues, small gardening area, horseshoe pit and mini storage.

Victoria Woods has on-site parking for 304 cars -- 90 garages, 88 carports and 126 open parking spaces.

Victoria Woods, which was completed in 1994, will undergo an extensive renovation, including new energy-efficient HVAC units and water heaters, Energy Star appliances, ceiling fans, entry and interior door hardware, doorbells, garbage disposals, and upgrades to electric fixtures and bathroom plumbing fixtures. Deck repairs, roof maintenance, exterior painting, repairs to the carports and clubhouse, updated security system, new lighting and signage also are part of the renovation. About $25,500 per unit will be spent on renovations.

With the purchase, Victoria Woods becomes a LifeSTEPS community. The Fair Oaks-based nonprofit provides educational and support services to empower residents with the skills, resources and support they may need to maintain stable housing and break the cycle of poverty.

LifeSTEPS services for seniors include confidential case management and mediation, computer, exercise, music, arts and crafts classes. Social events include local field trips, travel presentations, writing groups and even volunteer programs. The nonprofit also offers health-related activities, such as on-site flu shots and information sessions on Medicare and Medicaid.

"We build communities not just complexes," Brown said. "We establish communities where neighbors know each other and residents can get the help and services they need."

ABOUT USA PROPERTIES FUND INC.
USA Properties Fund Inc. (USA), a California corporation, is a privately owned real estate development organization specializing in the creation of outstanding senior and family communities. Founded in 1981 and headquartered in Roseville, USA Properties Fund provides a full range of capabilities for community development, including financing, development, construction services, rehabilitation and property management. Our values, leadership and team structure reflect our success with the development/construction and acquisition/rehabilitation of more than 11,000 units of family and senior apartments in more than 75 communities throughout California and Nevada. For more information, please visit www.usapropfund.com.





Placer County News Headlines

Carmel, Big Sur are Awe Inspiring PlacesCarmel, CA- Visitors travel from far-flung corners of our globe to experience the magic that is Carmel-By-the-Sea and Big Sur.

Golden1 Center Concert and Event Schedule 2017Sacramento, CA- Golden1 Center's 2017 concert and event schedule is here.

Roseville Budget is Unsustainable at Current Service LevelsThe Roseville City Council wants community input to help stabilize General Fund budget

Roseville Students take Top Honors in Video ContestRoseville, CA- Tarik Ansari, Ethan Wolfe and Noah Zackery from Woodcreek High School in Roseville took top honors in the 2017 Water Spots Video Contest

$700,000 Raised for St. Jude Children's Research Hospital and Life Time FoundationROSEVILLE, Calif. - Ride for a Reason raised more than $700,000 for St. Jude Children's Research Hospital and the Life Time Foundation.

WJU to Host Sacramento Church Leaders ConferenceRocklin, CA - The Sacramento Church Leaders Conference is a two-day event hosted at William Jessup University in Rocklin, California from May 12 to May 13

$5.2 Billion in New Transportation Taxes for California ResidentsCalifornia finally passes a long awaited transportation funding bill May 2017. The California Legislature just passed a new Transportation Funding Bill

Wine Adventures Crushes It with Feast for the SensesPlacerville, CA- Wineries in this part of California know how to throw a great party.

Roseville Gas Prices Leaderboard Shifts SlightlyRoseville, CA- Gas prices remained relatively flat this past week in Roseville. Sam's Club nudged Costco from atop the low price leaderboard

Walgreen Co. Pays $9.86M to Settle Allegations of Improper Medi Cal BillingsWalgreens has paid $9.86 million to resolve allegations that it violated the federal False Claims Act

BottleRock Napa Valley 2017 Williams Sonoma Culinary Stage LineupNAPA, CA, -- Situated in the heart of America's wine and food playground, BottleRock Napa Valley, presented by JaM Cellars, has announced that Martha Stewart, José Andrés and Masaharu Morimoto

Lincoln's Community Christian School RelocatingLINCOLN - Lincoln's Community Christian School, which has been serving the community since 1995, announced today that it will be moving for the 2017-18 school year to a new location


NEWS: In Case You Missed It