In the Lake Chelan area, locals know that there is a scarce supply of rental housing for local residents and workers. Trulia reports that the estimated rental cost in the city of Chelan is $1,475. With the minimum wage in Washington at $11 per hour, that amounts to roughly $1,760 per month (before taxes and other expenses pulled from their paycheck) for an employee working full time, leaving very little for additional monthly expenses.
As Regency Manor relocated from its Chelan location on Markeson Street to Wenatchee, an opportunity arose to convert the building to apartments. Al Abdollmohammadi of West Coast Renovations took advantage of that opportunity and after months of renovations, reopened the building in March as Lake Chelan View Apartments.
“We didn’t cut corners,” said Abdollmohammadi. “The whole building got all new fire alarms and sprinklers.”
The apartments feature 24-hour security with coded entry to the building, on-site laundry room and management, and storage. The apartments have also retained the ADA accessibility from its former use.
Read previous article published on May 20, 2016 – Chelan takes a crack at the affordable housing crunch, hopes for help from private sector
“Everything is brand new, except the closets,” Abdollmohammadi explained. His team recycled the closet units by refinishing them.
The 22 units range in size and include studio units, one-bedroom units and two-bedroom units with prices starting at $750 per month plus utilities. Each apartment is unique, and half of them feature views of Lake Chelan.
“I want it to be a place that people can call home and feel safe. I think we are priced fairly,” Abdollmohammadi stated. “Maybe if you go to a government subsidized property they will be less, but they can do that because they are getting money from the government.”
When housing is added in Chelan, a common concern for full-time residents is the potential that they may be utilized for vacation rentals. Abdollmohammadi was aware of this concern.
“We did this because we knew it was needed in the area. We could charge more for vacation rentals, but that was not our goal,” Abdollmohammadi assured. The building is not located in the Tourist Accommodation zoning area.
“I’m also hoping we can also get some of the senior citizens, because most of the apartments on one floor and the doors are nice and wide,” Abdollmohammadi said.
For those wishing to tour the Lake Chelan View Apartments, contact Abdollmohammadi at (206) 650-8266 or visit their website for more information. The property is located at 726 N. Markeson Street in Chelan, Washington.
(By Jillian Foster)