Overlook Terrace Apartments

4540 Lookout Ln, Fredericksburg, Virginia 22408

Contact Overlook Terrace Apartments

Conveniently located just off I-95 and Route 1 where everything is at your fingertips including Target, Marshalls, Starbucks, Walmart and Virginia’s newest Railway Express (VRE)! Healthcare is also just across the way at Spotsylvania Regional Medical Center.

We are proud to provide our residents with state of the art facilities that will help with lower utility bills and healthier living environments by building our apartments homes to EarthCraft multifamily standards. In addition, you also will enjoy NEW onsite amenities.

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

Eligibility for Overlook Terrace Apartments

Overlook Terrace Apartments Details

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

Property Amenities

Fitness Center
Tot Lot
Playground
Computer Lab
Clubhouse
Pool
Off-Street Parking

Unit Amenities

Dining Area

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.