Reserve at Towne Crossing, The_Property for Sale
Reserve at Towne Crossing, The_Property for Sale
3401 N Highway 259, Longview, TX 75605

Reserve at Towne Crossing, The

Asset Description

Jones Lang LaSalle Americas. Inc. (“JLL”) or its state-licensed affiliate has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest in Reserve at Towne Crossing (the “Property”), one of the best assets in Longview. Completed in 2012, the 216-unit community enjoys an exceptional location in the desirable north Longview submarket. Located just north of Loop 281 (“The Loop”) and SH-259, residents enjoy a quiet residential neighborhood nearby the City’s premier retail and entertainment, as well as quick and easy access to major employers such as Longview Regional Medical Center, CHRISTUS Good Shepherd Medical Center, Longview Mall, and Longview Towne Crossing. This desirable location has some of the highest incomes in Longview supporting rent increases through interior upgrades. Additionally, the Property offers very attractive assumable HUD financing at an all-in fixed rate of 2.93% with a maturity date of January 2055.  

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Attributes

Number of units
216 units
Occupancy
94%
Year built
2012
Building area net
216,348 sf
Land area gross
13.65 acres
Call for offers
26/06/2024

Media

Investment Highlights

COMMUNITY AMENITIES:

  • Two Resort-Style Swimming Pools with Sun Decks
  • Resident Clubhouse
  • 24-Hour Fitness Center
  • Sand Volleyball Court
  • Outdoor Grilling Areas
  • Picnic Areas
  • Billiards Room
  • Detached Garages
  • Controlled Access


INTERIOR FINISHES:

  • Black Appliances
  • Granite Countertops
  • Faux Wood Flooring
  • Modern Lighting
  • Chrome Hardware
  • 2” Blinds
  • Oversized Closets
  • Ceiling Fans
  • Full Size Washer/Dryer Connections
Reserve at Towne Crossing, The 4_Property for Sale

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Reserve at Towne Crossing, The (0 Properties)

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Last updated
14 Jun 2024