4106 PR, LLC Expands Portfolio with New Apartment Acquisition
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4106 PR, LLC Expands Its Real Estate Holdings
4106 PR, LLC has successfully acquired Point Royale Apartments, a multi-family residential community, for an impressive $11.4 million. This strategic investment reflects the company’s commitment to enhancing its real estate portfolio.
Introducing Point Royale Apartments
Point Royale Apartments features a blend of comfort and modern living with its thoughtfully designed one-, two-, and three-bedroom apartment homes. Each unit is equipped with spacious living areas, modern finishes, and amenities aimed at providing a fulfilling living experience.
High-Quality Living Space
The apartments boast fully-equipped kitchens, nine-foot ceilings, and stylish wood-style laminate flooring that complement the aesthetic appeal of the community. Residents enjoy conveniences like walk-in closets, full-size washers and dryers, and some even have their own private patios or balconies for relaxation.
Community Amenities and Lifestyle
Beyond individual living spaces, Point Royale Apartments promotes a vibrant community atmosphere. The property features a sparkling swimming pool with a shaded lounge area, perfect for spending warm afternoons. Residents can also take advantage of outdoor dining options with a dedicated grilling station.
Facilities Designed for Everyone
The community offers an inviting clubhouse equipped with a fitness center, business center, and a comfortable lounge area, catering to various lifestyles and ensuring that all residents have access to essential resources and leisure activities.
Strategic Location Benefits
Situated conveniently with easy access to Loop 463, Point Royale Apartments is in proximity to shopping, dining, hospitals, schools, and recreational facilities. This prime location broadens its appeal to students, professionals, and families, ensuring that residents have everything they need within reach.
Vision for the Future
Joe Hooker, Acquisitions Manager at 4106 PR, LLC, expressed enthusiasm about the acquisition, stating that Point Royale Apartments provides a harmonious balance of peaceful residential living alongside easy access to local amenities.
Frequently Asked Questions
What is the acquisition cost of Point Royale Apartments?
The acquisition cost of Point Royale Apartments was reported at $11.4 million.
What amenities are available at Point Royale Apartments?
Point Royale Apartments offers a swimming pool, fitness center, clubhouse, outdoor dining areas, and playground facilities.
What types of apartments does Point Royale offer?
Point Royale Apartments offers one-, two-, and three-bedroom apartment homes.
Is Point Royale Apartments pet-friendly?
Yes, Point Royale Apartments is a pet-friendly community that welcomes both dogs and cats.
What community services are nearby Point Royale Apartments?
The apartments are conveniently located near shopping centers, schools, hospitals, and recreational areas, making it ideal for residents.
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