Property Type: Project Based Section 8 Multi-Family Community
Rolling Hills is a multi-family community consisting of six, two-story brick buildings. Built in 1971, this property located just minutes from downtown Winston-Salem and in close proximity to shopping, dining and public transportation.
Rolling Hills Apartments has 1-, 2-, 3- and 4-bedroom apartments in six, two-story garden and town home-style buildings on nearly eight acres.
Rolling Hills is completing extensive exterior and interior renovations. The $42,700 per unit renovation included upgraded plumbing and sewer line repairs to insure there are no more leaks or sewer backups, as well as major exterior renovations including new exterior doors to meet HUD standards. New safety features include LED lighting throughout the complex, security cameras and security patrols. Upgraded amenities include a renovated management office and community center with computer lab and upgraded laundry room, and new outdoor playground. Apartment units received new flooring, upgraded kitchens and bathrooms, as well as new energy efficient heating and air conditioning, and hot water heaters.
North Carolina Housing Finance Agency, City of Winston-Salem, HUD, National Development Council (NDC) and R4 Capital.
Units: 110 units
Age: 1971 with Steele renovations completed by the early 2018