4106 PR, LLC Expands Its Portfolio with New Apartment Acquisition
4106 PR, LLC Completes Acquisition of Point Royale Apartments
4106 PR, LLC has made a significant investment by acquiring Point Royale Apartments, a multi-family residential community for $11.4 million. This acquisition marks a pivotal step in enhancing their real estate portfolio. The community, situated at 4106 John Stockbauer Drive, provides a total real property value of $11,450,000.
Exceptional Living Experience
Point Royale Apartments is designed to deliver an exceptional living experience with a variety of thoughtfully laid-out one-, two-, and three-bedroom apartments. Each unit is spacious and features modern finishes that include fully-equipped kitchens, nine-foot ceilings, and wood-style laminate flooring. Additionally, residents benefit from walk-in closets, full-size washers and dryers, along with private patios or balconies that enhance the comfort of every unit. This pet-friendly community graciously welcomes both dogs and cats adding to its appeal.
Community Amenities that Foster Connection
Beyond the individual living spaces, Point Royale aims to foster a true sense of community. Residents can relax by the shimmering swimming pool or enjoy the shaded lounge area. The outdoor amenities also include a kitchen and grilling station for delightful dining experiences. Children can enjoy playtime at the on-site playground, while adults can stay fit at the community clubhouse, which is also equipped with a fitness center, business center, and comfortable lounge area. These facilities cater to diverse lifestyles and preferences, making the community a vibrant place to live.
Prime Location with Convenient Access
Situated in the peaceful residential area of North Victoria, Point Royale Apartments offers convenience and tranquility. The location provides residents with easy access to essential amenities such as schools, workplaces, and entertainment options. Close proximity to Loop 463 further enhances its appeal, making it attractive to students, professionals, and families looking for a convenient lifestyle.
Future Prospects and Community Integration
4106 PR, LLC is excited about integrating Point Royale Apartments into its portfolio. With the intention of maintaining and enhancing the community's living standards, the company plans to ensure that residents enjoy a superb living experience. According to Joe Hooker, the Acquisitions Manager, this acquisition is an important step forward in contributing positively to the community and meeting the needs of current and future residents.
Frequently Asked Questions
What is the significance of the acquisition by 4106 PR, LLC?
The acquisition of Point Royale Apartments by 4106 PR, LLC represents a strategic investment in the residential community segment, aimed at enhancing their property portfolio.
What amenities does Point Royale Apartments offer?
Point Royale Apartments features a swimming pool, fitness center, outdoor dining areas, playground, and a clubhouse, creating a vibrant community atmosphere.
Where is Point Royale Apartments located?
Point Royale Apartments is conveniently located at 4106 John Stockbauer Drive, providing easy access to major roads, shopping, schools, and various leisure activities.
Are the apartments pet-friendly?
Yes, Point Royale Apartments welcomes pets, allowing residents to have their dogs and cats in their homes.
What types of apartments are available at Point Royale?
The community offers a variety of apartment sizes, including one-, two-, and three-bedroom options designed to meet diverse living needs.
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