Presidio Park Apartments

Located in Santa Barbara in Southern California, Presidio Park Apartments is a 50-unit, six-building, garden-style apartment complex that was built in 1982. The property provides deeply affordable Section 8 housing for families, with residents contributing no more than 30% of their income toward rent. Upon acquisition, Belveron entered into a new contract with HUD that extended Presidio Park’s affordability for 38 years. Belveron also invested upwards of $30,000 per unit to address deferred maintenance and upgrade apartments and common areas.

The property is within walking distance of several Santa Barbara MTD bus stops, including lines serving Downtown Santa Barbara, Laguna, East Santa Barbara, and Montecito. The property is conveniently located two blocks from Santa Barbara Junior High School and Santa Barbara High School and is within 0.5 miles of a USPS office, public park, police station, museum, several major bank branches, and a variety of dining options. Cottage Hospital and Sansum Medical are major employers in the area