Waters Edge Apartments

2360 Blackburn Road SE, Cleveland, Tennessee 37311

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Waters Edge Apartments is managed by Alco Management Inc..

Waters Edge is newly renovated and offers 1, 2, and 3 bedroom apartments ranging in size from 653 to 813 sq.ft. Amenities include Cable Ready Units, Central Heating and Air Conditioning, Community Laundry Facilities, Updated Playground, Appliances, On-Site Management and Maintenance, and much more.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 619 Call for Price
Two Bedroom (2/1) 755 Call for Price
Three Bedroom (3/1) 877 Call for Price

Eligibility for Waters Edge Apartments

Waters Edge Apartments Details

  • 97 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 223
  • Section 8 Project-Based Rental Assistance (PBRA)

Property Amenities

  • Playground
  • Business Center
  • Library
  • On-Site Manager
  • On-Site Maintenance
  • Laundry Facilities
  • Smoke Free
  • Wheel Chair Accessible

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Window Coverings
  • Hardwood Floors
  • Refrigerator
  • Central Heat & Air
  • Energy Efficient Appliances

Office Hours

Day Hours
Monday 8:00am-5:00pm
Tuesday 8:00am-5:00pm
Wednesday 8:00am-5:00pm
Thursday 8:00am-5:00pm
Friday 8:00am-5:00pm
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.

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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