published Thursday, March 26th, 2009

Apartments offer amenities


by Amy Williams
  • photo
    Staff Photo by Gillian Bolsover -- Prospective tenant Shakeema Martin finishes a tour at Park Terrace.

From luxurious accommodations to the little extras that make the difference, apartments in Chattanooga seem to have it all.

Chattanooga has a variety of options for people looking for affordable living without sacrificing luxury and convenience, said Theresa Biggs, past president of the Chattanooga Apartment Association.

“You can actually have low to moderate income where you have affordable housing, but then you also have the luxury high-end apartment communities as well,” she said.

Local apartment communities such as Standifer Place offer unique events to remain competitive in a challenging economy. One such event called Postal Pub treats residents to a free beverage, such as a soft drink, beer or wine cooler, when they pick up their mail.

Other apartment complexes such as Northtowne Village Apartments lure new residents by offering free wireless Internet, swimming pool, tennis courts and a car care center. The rent ranges from $550 to $1,025 per month for one-, two- or three-bedroom apartments.

The Havens at Commons Park opened in East Brainerd in 2008, featuring ceramic tile floors, stainless-steel appliances and granite countertops. The Haven has 319 apartments and start at $829 for a one-bedroom unit and $1,059 for three bedrooms.

“People are looking for the extra services,” Ms. Biggs said.

Some older apartment complexes have invested big bucks upgrading units in an effort to attract residents. DEL Development Corp., owners of The Reserve at Lakeshore, spent millions last year adding a refurbished pool, redesigned laundry room and new wellness center.

The Reserve may not be the newest apartment complex in Chattanooga, said Don Lippman, president of DEL Development, but the company’s goal is for it to be the nicest.

AVERAGE RENT

The average rent for an apartment in Chattanooga was $679 a month in 2008 and the vacancy rate was 9.8 percent.

— Chattanooga Apartment Association

“People are looking for the extra services.”

— Theresa Biggs, past president of the Chattanooga Apartment Association

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