108 Place

4050 West 108th St, Bloomington, Minnesota 55437

Contact 108 Place

Message 108 Place

108 Place is managed by Velair Property Management .

At 108 Place you will find modern one, two, and three-bedroom apartment homes with fully equipped kitchens, luxury vinyl planking throughout the kitchen and living room. 108 Place has an onsite 24-hour fitness center, a community room and a package receiving room. Dedicated underground parking spots are available in addition to ample surface parking. With affordable and convenient apartments that accommodate your modern life, its time to call 108 Place yours.

Unit (Bd/Ba) Ft2 Rent
Gardenia one bedroom (1/1) 705 From $1,081
Hibiscus two bedroom (2/2) 965 From $1,068
Orchid three bedroom (3/2) 1225 From $1,490

This property is currently under construction.

Construction is expected to be completed in March, 2020 with tenant move-ins beginning in April(this was posted before COVID-19)

Eligibility for 108 Place

108 Place Details

  • 42 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Controlled Access
  • Fitness Center
  • Playground
  • Community Room
  • 24hr Emergency Maintenance
  • Garage
  • Underground Parking
  • Smoke Free

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Washer and Dryer Included
Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

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