Hunter’s Glen Apartments

Hunter’s Glen Apartments is an existing 100-unit multifamily community located in Clemson, South Carolina.  Located on 11.19 acres of land, the project consists of 10 garden apartment buildings and a community building/leasing office.  The community has one-bedroom, two-bedroom, and three-bedroom units.  Twenty of the property’s units are covered under a Section 8 HAP contract and are restricted to lower income families.  Utilizing HUD’s Section 223(f) refinance program, AGM obtained a HUD-insured mortgage of $5,440,000 with a 35-year term at a fixed interest rate.