Parkwood Apartments
1403 N Logan St, Texas City, TX, 77590-5057, US
128 units
Attributes
Number of units
120
Year built
1971
Year renovated
2004
Description
Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to exclusively present Century Plaza, a 120-unit Project Based Section 8 (HAP) property strategically located in Hampton, Virginia within the fundamentally strengthening Newport News-Norfolk-Virginia Beach MSA. The HAP contract provides inflation-hedged rent escalations and operational stability, along with two mark-up-to-market (MUTM) opportunities - one in 2027 and one in 2032.
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Investment Highlights
- HAP contract provides stable operations
- Strengthening market fundamentals
- Premium Newport News MSA with strong military presence
Media
Century Plaza - Hampton, VA (0 Properties)
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Last updated
9 Sep 2025