Sky Parkway Terrace Apartments is a 59-unit senior living development with all units subsidized through a HUD project-based age-restricted Section 8. The property is located at 5414 Sky Parkway, Sacramento, California 95823. The development was originally constructed in 1977 and offers one-bedroom units. All units are located within one three-story building. Common amenities include A/C, refrigerators/ranges, central laundry facilities, floor coverings, window coverings, hand rails in every unit, extra storage, parking, security, community room, and a recreation area. Sky Parkway Terrace Apartments was acquired by PPD in December 2003 for $2,450,000. Renovations were completed by December 2004 and resyndicated and rehabilitated in 2019.
Renovations were complete in 4th quarter 2019.