Description

Jones Lang LaSalle Americas. Inc. or its state-licensed affiliate has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest in The Carson (the “Property”), a 160-unit, value-add asset in Longview, Texas. Built in 1979, the Property sits in north Longview near Loop 281, which sees over 36,000+ cars per day and provides easy access to the city’s numerous employment hubs. Additionally, the Property is within one mile of the Longview Mall and Longview Town Crossing, two of the dominant retail nodes in the region. The Carson presents investors with an opportunity to continue a proven value-add strategy. The property has achieved significant rent growth through interior unit upgrades as well as organic rent growth, with the last 30 leases receiving an average of a 10% increase over previous leases.

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