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Which States

Gandolf is active in several states. We have established a list of states in which we are seeking land for new developments. Contact us if you know of a good piece of zoned land in any of these states. All brokers are protected.

 

Our Niche

Gandolf specializes in creating affordable housing. The housing we create offers rents which are targeted to people who make about 60% of the average medium income of the county. Residents who fall into this income category normally are policemen, firemen, teachers, and factory workers. To meet the needs of our tenant base we are normally able to provide rents which are at least 10% below market. Because of the various financing programs that we utilize, we require that residents qualify based upon income.


 

Properties Owned And Under Development

 

Today Gandolf operates communities in the states of Kentucky, Wisconsin, Iowa, North Dakota and South Dakota. We are also developing communities in Tennessee and Oklahoma. 

In order to process your application please bring in your application fee of $50. Your application cannot be accepted without this payment. The $50 application fee is applied toward your security deposit if you are accepted as a tenant. 

Existing Communities

Cottages of Henderson, Henderson, KY - 96 unit family

Black Hawk Village, Burlington, IA - 48 unit family

Brandon Heights Village, Bismarck, ND - 96 unit senior

Brandon Heights Village II, Bismarck, ND - 36 unit senior

Lakewood Village, Mandan, ND - 36 unit family

 

Red Cedar Estates, River Falls, WI - 24 unit family

Red Cedar Estates II, River Falls, WI - 24 unit family

South Creek Village, Rapid City, ND - 80 unit family

South Glen Village, Minot, ND - 48 unit family

Westgate Village, Grand Forks, ND - 60 unit family

Woodglen Village, Memphis, TN - 72 unit family

Gilcrease Hills Estates, Tulsa, OK - 84 unit senior

 

Communities In Construction

Orleans Terrace, Johnson City, TN - 48 unit family

Blue Springs Estates, Greenville, TN - 48 unit family

Pine Crest Village, Rapid City, SD - 48 unit senior

Edgewood Estates, Rapid City, SD - 48 unit family

 

Communities In Pre-Development

Palmetto Ridge Estates, Titusville, FL - 192 unit family

Chestnut Hills Estates, Des Moines, IA - 42 unit family

Tuscany Village, Lake Havasu City, AZ - 68 Condos

                               

 
Why GANDOLF?

Gandolf's management team has several years experience in the affordable housing market. They have successfully developed in over 12 states and produced over 1,500 units.

Gandolf has experience in both senior and family affordable housing. Their management team has taken projects from the concept stage through city approvals, construction and lease up. They are experienced at managing projects from afar and have a hands-on management style that produces a successful result whether it is for their own portfolio or in conjunction with a local housing authority, CHDO or another non-profit group.


 

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