AUBURN VILLAGE
Auburn Village is an affordable seniors (age 55+) community with 102 homes in Polk County, FL. The building received “green” certification from NGBS and has many on-site amenities, including a resort-style pool, clubroom, game room, gym, library, community garden, dog park, and professional on-site property management.
Green Mills acquired the vacant property from a private land seller, and is the lead developer and managing partner. Auburn Village was awarded a competitive 9% tax credit allocation from FHFC in March 2019. Green Mills closed on financing and broke ground in late 2020 and construction was completed in 2022. The property remains full and maintains a long waitlist for tenancy.
Location: Auburndale, Florida
Project Details: 102 Multi-family Apartments
Construction Start/Completion: 2020/2022 Green Mills Group: Developer/Owner/Asset Manager
Lender(s): Fifth Third Bank, Neighborhood Lending Partners, Polk County
Limited Partner: Fallbrook Multifamily
Development Cost: $20MM+
Website: www.auburnvillagefl.com