The Overlook

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 Overlook (the "Property"), a 260-unit/682-bed multifamily asset located in Nacogdoches, Texas. The Property enjoys a strategic location in close proximity to Stephen F. Austin State University, offering new ownership the flexibility to cater to both student and conventional housing markets. Built in 2007/2012, The Overlook offers spacious 2- and 3-bedroom floor plans, catering to a diverse resident base. The Property presents an excellent opportunity for investors to implement an expansive renovation program, including upgrades to unit interiors and exterior amenities, enhancing its appeal to students and families alike. This flexibility, combined with its prime location and value-add potential, offers investors multiple avenues for value creation and the ability to acquire a well-positioned asset at an attractive basis relative to replacement cost.