It costs 45 Cash to buy and takes 8 Energy to build. Once built, it increases your city's population by 850 Population. Rent can be collected every 4 hours and earns 199 Coins.
Upgrading this requires 7 Blue Grants, Purple Grants, and Pink Grants. Once upgraded, it increases the residence's minimum and maximum population to 1,020 and 2,704, respectively, while increasing the rent to 238 Coins.