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| Encino Trace Luxury Apartment Homes, College Station, TX |
SAN ANTONIO, TX — Koontz Corporation (Koontz) today announced it has sold Encino Trace Luxury Apartment Homes, a 302,292-plus square foot, 340-unit class A multi-family community located in College Station, Texas to California-based SB Pacific Group LLC.
Financial
details of the deal were not disclosed.
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| Jennifer Campbell |
Will Balthrope, Drew Garza and Jennifer Campbell of Institutional Property Advisors, a division of Marcus & Millichap, brokered the sale on behalf of the seller.
“We
have enjoyed incredible results and success with our multi-family project in
College Station,” said Koontz President and CEO Bart Koontz.
“Encino
Trace Luxury Apartment Homes is a prime example of our experience in developing
luxury apartment homes in our region. We are pleased that SB Pacific Group LLC
recognized the value that we have created.” 
Bart C. Koontz
Developed
and constructed by Koontz, Encino Trace was completed in January 2022 and is
situated on a pristine 17.2-acre tract located at 2338 Harvey Mitchell Parkway
South in College Station.
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| Will Balthrope |
All
apartments feature island kitchens with stainless steel appliances and
high-quality finishes including quartz countertops, custom cabinetry, and
brushed nickel hardware.
Drew Garza
Additional feature include nine-foot ceilings, simulated wood and ceramic tile flooring, garden-style bathtubs, full-size washers and dryers, oversized walk-in closets, ample storage space, private patios and balconies and private detached garages.
The
community’s amenities include a resort-style pool with tanning ledge and
outdoor kitchen, poolside lounge and fire pit, as well as a two-acre dog park,
fitness center and a resident clubhouse.
Contact:
Jill Byrd,
Creative
Noggin | Senior PR Account Supervisor
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