BINGHAM FARMS, Mich., Aug. 4, 2016 /PRNewswire-USNewswire/ -- FOURMIDABLE, a national real estate company, has opened four new communities in Tennessee, each of which adds to the inventory of affordable housing in the state.
Each 64-unit community features luxury floor plans that include modern kitchens and in-unit washers and dryers, a community fitness center, clubhouse, and swimming pool, as well as free Wi-Fi for all units and a community business center.
The new FOURMIDABLE communities are:
Greenwood Place, located in Algood, Tenn.
Raines East, located in Bolivar, Tenn.
Rutledge Place, located in Morristown, Tenn.
Ware Park, located in Union City, Tenn.
"We are so proud to help provide great affordable apartments to well-deserved people in the state of Tennessee," said Michael Schocker, President of FOURMIDABLE. "These communities are beautiful, with great amenities that will make it a remarkable place to call home."
FOURMIDABLE currently manages a total of 12 communities throughout Tennessee plus an additional community under construction in Somerville with an anticipated opening of late 2016.
Each of the new FOURMIDABLE communities were financed in part through federal tax credits awarded by the Tennessee Housing Development Authority as part of the Low Income Housing Tax Credit program.
FOURMIDABLE is a national real estate management and brokerage company that specializes in managing, marketing and leasing market rate, tax credit, senior and family government assisted, public housing and rural development apartment communities. Founded in 1975, FOURMIDABLE currently manages 78 communities in eight states, with more than 8,000 units under management. FOURMIDABLE is a member of the elite AMO (Accredited Management Organization) and is an approved management firm for HUD, MSHDA and other state agencies. Additionally, FOURMIDABLE affiliated companies offer support for property management companies and owners, including agility-pm, a provider of back office accounting, HR, IT and compliance support; eCrosstown, a provider of free Wi-Fi amenity services to apartment residents; ePhonz, a specialized telephone product for apartment management companies and Geeked Apartments, which provides smart devices to each residents' apartment.
For more information, please call (248) 593-4634 or visit www.fourmidable.com.
CONTACT: Michael Schocker, President
Sue Voyles, Logos Communications
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