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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.
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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.
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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