If you’re wondering what it will cost to live in one of the 48 units of Hickory Hollow, the first apartment complex to be built in North Albany, read on.
The complex, on Hickory Street west of North Albany Road, was started over the objections of what had been mostly a single-family residential neighborhood. But it was allowed by the existing zoning, and the city of Albany signed off on the site plan as proposed.
Construction of the four buildings of 12 units each is nearing completion, and a few readers have asked me about rental information. The developer, Charles Weathers of Salem, said he would keep me posted, and on Tuesday he did.
“Perhaps your interested readers have already seen the sign on the fencing with this info,” he wrote, “but I wanted to pass it on directly… Tell your friends to get in quickly — our wait list is already in double digits.”
Diversified Property Management and Real Estate Services, on Airport Road in Albany, listed the three types of Hickory Hollow units among its other offerings and said they would be available in August.
A one-bedroom apartment of 728 square feet, with one bathroom, will rent for $895 a month, with a security deposit of $600. For two bedrooms and two baths (952 square feet) the rent is $1,095, with a security deposit of $800.
Apartments with three bedrooms, two baths and 1,127 square feet rent for $1,295, and the security deposit is $1,000.
Water, sewer and trash service cost an additional $35 or $60 a month, depending on the unit. For pets, add another $50 monthly. The complex charges a $45 application fee per adult.
All the units have in-home washer/dryers and balconies or patios. The kitchens have stainless steel appliances and granite counter tops. Besides landscaping and parking, the complex has a playground and a dog park.
Tenants may find useful that there’s a supermarket within walking distance, across North Albany Road. The North Albany IGA Supermarket and ACE hardware store is scheduled to open April 18.
Another apartment complex, much bigger, had been proposed on the east side of the North Albany Village shopping center, where the zoning allows more than 300 units. The city last year rejected a request for a zone change to add some commercial uses on the property, but the Portland owner doesn’t need a zone change to build apartments. (hh)