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Notice: This listing has not been updated since 6/19/2014 and may be out of date.

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Baker Lofts (40 Logan St SW)

Call Property: (616) 913-0909

Unit Rent Deposit Beds Baths Sq Ft Available

1 bedroom Leased Leased 1 1 597 - 739 LeasedSet Availability Alert

Gorgeous lofts with exposed brick and cement floors. Select units have an extra alcove.

+ 5 more photos

2 Bedroom Leased Leased 2 1 778 - 1,202 LeasedSet Availability Alert

Many unique features in this gorgeous floorplan including select units with 2 full bathrooms!



Property Description

The $17 million Baker Lofts project has created one-bedroom and two-bedroom apartments for qualifying low-income residents. The project was named for one of several furniture manufacturers that occupied the 125,000-square-foot building during Grand Rapids’ heyday as the Furniture Capital.

The project also includes 15,000 square feet of retail space for restaurants and shops and is near the new Grand Rapids Marketplace.

The renovated furniture factory boasts wood-beamed spaces with 11-foot ceilings and exposed brick walls that will be preserved for the loft-style apartments. A courtyard that now is filled with a boiler building and abandoned wood kilns have been transformed into a garden.

Resident Selection Criteria:

• Full-time student restriction: The entire household must NOT be comprised of full-time students. A household that is comprised entirely of full-time students may still be eligible to reside at Baker Lofts only if at least one member is:
a. Married filing a joint tax return;
b. Receiving assistance under Title IV of the Social Security Act (welfare);
c. Enrolled in a job training program receiving assistance under the Job Training Partnership Act (JTPA) or under other federal, state or local laws;
d. A single parent receiving AFDC payments with minor children who are also students; or
e. A single parent with minor children; or
f. formerly part of a state or local foster care program.
• No felonies.
• Applicant must past background & credit check.
• Applicant must make at least 2-2.5 times the rent.
• Good rental history. No evictions within the past 3 years.

Income and Rent Limits:
40% Income Limit (Annual Gross Income Cap)
1 Person 2 People 3 People 4 People 5 People 6 People
17,520 20,000 22,520 25,000 27,000 29,000

60% Income Limit (Annual Gross Income Cap)
1 Person 2 People 3 People 4 People 5 People 6 People
26,280 30,000 33,780 37,500 40,500 43,500

Amenities

Address:
40 Logan St SW
Grand Rapids, MI 49503

Managed By:
Continental Management (MHT)
(616) 913-0909

School District: Grand Rapids Public Schools

Property Type: Apartments , Mid Rise (5-8 stories)

Year Built: 2013

Waitlist: Open - $100 Deposit required to be added to waitlist.

Attachments:


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