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Table 4-13 <br />RAMSEY FORECLOSED SALES, 2005 TO 2012 <br />2005 2006 2007 2008 2009 2010 2011 2012 <br />Ramsey <br />Foreclosure Sales 7 17 33 119 189 149 159 127 <br />Total Sales 501 389 311 341 366 328 351 333 <br />Percent Foreclosure Sales 1.4 % 4.4 % 10.6 % 34.9 % 51.6 % 45.4 % 45.3 % 38.1 % <br />Twin Cities Area <br />Foreclosure Sales 804 1,496 3,288 10,764 17,805 13,185 15,634 13,929 <br />Total Sales 56,755 46,770 39,227 38,289 44,621 38,251 41,566 48,772 <br />Percent Foreclosure Sales 1.4 % 3.2 % 8.4 % 28.1 % 39.9 % 34.5 % 37.6 % 28.6 % <br />Source: Minneapolis Area Association of Realtors and Economic & Planning Systems, Inc. <br />Apartment Market <br />Renters made up approximately nine percent of Ramsey's households in 2010. There are three <br />general occupancy multi -family properties (with 20 units or more) in the City and one senior <br />living facility, as shown on Map 4-1 and in Table 4-14. General occupancy apartments include <br />River Bend (32 units), Sunwood Townhomes (32 units), and Terrace Hill Apartments (63 units). <br />Savannah Oaks (50 units) is Ramsey's only existing senior building. <br />The Residence at The COR, a 230-unit general occupancy apartment building, is scheduled for <br />completion in Spring 2013. Stoney River is a 72-unit senior development located at Nowthen <br />Boulevard and TH-47 in southeast Ramsey. The development is proposed to include nine <br />independent living units, 39 assisted living, and 24 specialized memory care units. This <br />development is planned for completion in 2014. <br />• Nortnstar Station <br />• Apartrnant Buildings <br />0 Senior Apartments <br />14 Mlle Radius <br />— Railroad <br />0 p.2 p4 p.ti p.E <br />s<l. r+p.G2 mi% <br />149th A. 'JLN <br />Map 4-1 <br />RAMSEY APARTMENTS <br />1S6Ih Ave NW <br />!Residence at the COR[ <br />14rd Ave NW <br />153d Ave NW <br />142nd Ln NW <br />iSunwood Town homes( <br />Stoney River <br />Savannah Oa <br />L <br />Ci Copyright 2013 McComb Group, Ltd. <br />4-11 <br />03/08/13 <br />