The Terraces

Overview

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The Terraces, a distinguished apartment community in Kettering, Ohio, offers an inviting environment for senior living. Established in 1979, this multifamily property is thoughtfully designed to cater to a 55+ lifestyle, providing both comfort and convenience. The complex features one and two-bedroom floor plans that are meticulously crafted to meet the diverse needs of its residents.

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This community is situated in a vibrant area that benefits from proximity to essential services, shopping centers, and recreational facilities. Residents can enjoy a sense of community while having access to various amenities aimed at enhancing their quality of life. The supportive environment encourages social interaction and fosters a feeling of belonging among the residents and visitors alike.

Living at The Terraces means having access to a variety of on-site amenities that cater to both relaxation and recreation. With a focus on creating a comfortable living experience, the apartments are equipped with modern conveniences and communal spaces that promote well-being and leisure.

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Amenities and Features

Pet-friendly community
One and two-bedroom floor plans
On-site laundry facilities
Elevator access
Spacious community room
Outdoor picnic area
Ample parking for residents and guests
Proximity to shopping and dining options
24-hour emergency maintenance

Sources

The Terraces Location

Address: 150 W Dorothy Ln, Kettering, OH 45429

Phone: 937-299-8866

Website: https://ccinvest.com/properties/terraces/

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About Kettering, Ohio

Kettering, a city located in the state of Ohio (OH), is home to a population of approximately 57,707 people. Kettering boasts a median age of 39.3, with around 25.7% of its residents aged 60 or above. 9% of the population identifies as US Veterans. 12.7% of Kettering residents are disabled. The city has an average household income of $69,818, while the unemployment rate stands at 3.7%, and around 8.7% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Kettering is $174,578, with a monthly rent averaging $942.

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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.