Encore at Forest Park
5700 Highlands Plaza Dr, Saint Louis, MO, 63110-1307, US
247 units
Attributes
Number of units
397
Rent & Income Restrictions
81% LIHTC / 19% Market-Rate
Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer two Albuquerque multifamily assets totaling 397 units: Arrowhead Ridge (100% LIHTC) and West Park Apartments (65% LIHTC, 35% market-rate). The properties deliver stable, bond-like cash flows driven by high occupancy, long-term tenants, and $600 spread between max rents and market-rate comps. Located in the growing Northwest Albuquerque submarket, both well-amenitized assets benefit from strong job and population growth in the larger MSA.
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Investment Highlights
- Stable Bond-Like Cashflow
- Robust Recent Leasing and Strong Max Rent Growth
- Excellent Locations in a Growing MSA
- Proximity to Economic Drivers and Ease of Access
- Market-Rate Quality Amenities
Media
Arrowhead Ridge & West Park (2 Properties)
Arrowhead Ridge & West Park (2 Properties)
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Last updated
2 Oct 2025