Waters Edge Townhomes

818 County Road 24, Watertown, Minnesota 55388

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Message Waters Edge Townhomes

Waters Edge Townhomes is managed by Brutger Equities, Inc.

Waters Edge Towhomes offers spacious 2 and 3 bedroom townhomes offering plenty of comfortable living space. Your multi-level floor plans include a walkout patio and attached garage featured on beautiful, landscaped grounds with a children’s play area.

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) - Call for Price
3 Bedroom (3/1) - Call for Price

Eligibility for Waters Edge Townhomes

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Watertown but actual income limits may differ for units at Waters Edge Townhomes.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $43,500 $49,700 $55,900 $62,100 $67,100 $72,050
Low Income (60%) $52,200 $59,640 $67,080 $74,520 $80,520 $86,460

Waters Edge Townhomes Details

  • 30 two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 221 (d) (3)

Property Amenities

  • Garage
  • Beautiful Landscape

Unit Amenities

  • Patio Deck Or Balcony
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.

Images of Waters Edge Townhomes
Image of Waters Edge Townhomes
Nearby Low Income Apartment Communities like Waters Edge Townhomes

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