USA Properties Fund Plans Late-Summer Start on Age-Restricted Carlsbad Project
USA Properties Fund and The Pinyon Group will begin construction late this summer on the $21-million Vintage at Marja Acres, an affordable apartment community for 55-and-older residents in Carlsbad as part of a mixed-use development.
Located near El Camino Real between Kelly Drive and Cannon Road, the 47-unit community will offer affordable housing in the new Marja Acres neighborhood that will include 248 townhomes, a community park and restaurant.
“Marja Acres is a high-quality, unique community, offering a close-knit and easy-to-get-around neighborhood with easy access to everything that Carlsbad has to offer,” said Geoff Brown, president of USA Properties Fund. “Vintage at Marja Acres will fit a range of needs of residents, whether they are working full time or retired.”
Leasing at the property should begin in fall 2024, according to USA Properties Fund.
USA Properties Fund Plans Late-Summer Start on Age-Restricted Carlsbad Project
USA Properties Fund Plans Late-Summer Start on Age-Restricted Carlsbad Project
USA Properties Fund and The Pinyon Group will begin construction late this summer on the $21-million Vintage at Marja Acres, an affordable apartment community for 55-and-older residents in Carlsbad as part of a mixed-use development.
Located near El Camino Real between Kelly Drive and Cannon Road, the 47-unit community will offer affordable housing in the new Marja Acres neighborhood that will include 248 townhomes, a community park and restaurant.
“Marja Acres is a high-quality, unique community, offering a close-knit and easy-to-get-around neighborhood with easy access to everything that Carlsbad has to offer,” said Geoff Brown, president of USA Properties Fund. “Vintage at Marja Acres will fit a range of needs of residents, whether they are working full time or retired.”
Leasing at the property should begin in fall 2024, according to USA Properties Fund.
Don’t miss Connect LA on May 3 at the Hotel Indigo. Connect in person with California CRE experts like Colliers Vice Chair Sean Fulp.
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