BAXTER SPRINGS RESIDENCES
BAXTER SPRINGS, KS
Baxter Springs High School was built in 1914 and served as the community’s high school and middle school over the past century. When the school district passed a bond issue to build a new middle school, the fate of this beautiful historic building was threatened. Prairie Fire saw the opportunity to take a community liability and convert it into a community asset.
The property was purchased and transformed in to 28 units of 55+ maintenance free apartments. This award-winning project was placed on the historic register and is now home to many happy residents!
Total Development Cost – $5.5 million
- Objective – Blight removal, historic preservation, address demand for affordable senior housing
- Financing – $3.8 million LIHTC, $2.3 million Historic Tax Credits
- Investor/Lender – MHEG, Wells Fargo
Joint Center for Housing Studies at Harvard University releases the 2018 State of the Nation's Housing Report
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Prairie Fire Residences in Newton, Kansas is now leasing! Contact firstname.lastname@example.org for more information!
770 East 5th Street
Kansas City, MO 64106