Franklin Place

Overview

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Franklin Place offers a serene residential experience in the heart of Elizabethton, Tennessee. This community provides a peaceful retreat from the hustle and bustle of city life while being conveniently located near local amenities and attractions.

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Residents of Franklin Place can enjoy well-maintained grounds with lush landscaping and scenic views. The architecture reflects a blend of modern comfort and traditional charm, creating a welcoming atmosphere for residents and visitors alike.

With a focus on community and comfort, Franklin Place offers a range of amenities to enhance everyday living. From a fitness center to a community clubhouse, residents have access to spaces that promote social interaction and well-being.

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Amenities and Features

Fitness Center
Community Clubhouse
Scenic Views
Well-Maintained Grounds
Pet-Friendly Environment

Franklin Place Location

Address: 1506 State Line Rd, Elizabethton, TN 37643

Phone: (423) 542-2491

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About Elizabethton, Tennessee

Elizabethton, a city located in the state of Tennessee (TN), is home to a population of approximately 14,375 people. Elizabethton boasts a median age of 39.4, with around 25.2% of its residents aged 60 or above. 8.2% of the population identifies as US Veterans. 21% of Elizabethton residents are disabled. The city has an average household income of $44,252, while the unemployment rate stands at 6.9%, and around 20.6% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Elizabethton is $150,176, with a monthly rent averaging $725.

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About Senior Apartments

It's not just about convenience and affordability; it's about creating a fulfilling lifestyle. Senior apartments are constructed, maintained, and updated to accommodate the 55-plus community. Often age-restricted, senior apartments are designed with accessibility in mind. One to two-bedroom units are standard as well as senior-friendly comfort and amenities. Senior apartments are great for retired adults who want to downsize but still have a social life. Apartment living is appealing to those who dislike yard work or home maintenance. It's also a great option for retired travelers who want peace of mind while away from home. Residents save money with lower expenses because they often include utilities and don't require property taxes.

Types of Senior Apartments

Affordable Senior Apartments - Retirees with low income may be eligible for cheap senior living apartments provided by government housing programs. These apartments are cheaper than usual. The eligibility to rent them depends on factors such as income, family size, and the average income in the area. Keep in mind that services or amenities in low-income senior apartments may be more limited.

Market Rate Senior Apartments - Market-rate senior apartments do not have income limits. Pricing is competitive and based on comparable housing options in the surrounding area. These apartments often come with amenities like community dining, housekeeping, and even transportation services.

Luxury Senior Apartments - Luxury apartments are generally larger, offering up to 2,000 square feet of living space, and boast a wide range of upscale amenities and community activities for their residents. Many luxury apartments are situated within gated communities. The cost of living in these apartments can be quite high, with entrance fees alone often reaching six figures.