Lakewood Apartments

Overview

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Lakewood Apartments in Eufaula, Alabama offers a warm and inviting community designed for seniors aged 62 and older, as well as those with mobility impairments. The apartment complex, established in 1979, provides a comfortable and serene living environment in the heart of beautiful Eufaula. With 50 units spread across one story, Lakewood Apartments prioritizes a peaceful and secure atmosphere for its residents.

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Residents and their visitors at Lakewood Apartments enjoy a range of amenities and features that enhance their quality of life. These include:

Amenities and Features:

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Secure and well-maintained premises
Active Adult community
Professionally managed property
Specialty Housing complying with Fair Housing Act provisions
Low-income housing options available

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Lakewood Apartments Location

Address: 1230 Pine Ave, Eufaula, AL 36027

Website: https://www.lakewoodapartments.com//

About Eufaula, Alabama

Eufaula, a city located in the state of Alabama (AL), is home to a population of approximately 12,746 people. Eufaula boasts a median age of 37, with around 26.8% of its residents aged 60 or above. 5.7% of the population identifies as US Veterans. 17.4% of Eufaula residents are disabled. The city has an average household income of $39,511, while the unemployment rate stands at 5.2%, and around 25.3% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Eufaula is $119,480, with a monthly rent averaging $641.

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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.