4106 PR, LLC Finalizes $11.4 Million Acquisition of Point Royale Apartments in Victoria, Texas

On February 27, 2025, 4106 PR, LLC announced a significant addition to its real estate portfolio: the acquisition of the Point Royale Apartments, a multifamily residential community located in Victoria, Texas. With a purchase price of $11.4 million, this acquisition not only highlights the company's commitment to expanding its real estate investments but also reflects its confidence in the vibrant Texas housing market.

Situated at 4106 John Stockbauer Drive, the Point Royale Apartments offer a variety of living options, featuring one, two, and three-bedroom apartments. Designed with residents' comfort in mind, these homes boast spacious layouts adorned with modern finishes. Residents will enjoy amenities such as fully-equipped kitchens, nine-foot ceilings that elevate living spaces, and wood-style laminate flooring that combines style with practicality. Further enhancing the appeal of this community are features like walk-in closets, full-size washers and dryers, and private patios or balconies that allow for outdoor relaxation and personal space.

The community is not just about individual living spaces; Point Royale Apartments encourages a sense of belonging among its residents. It comes complete with amenities aimed at promoting leisure and social interaction. A sparkling swimming pool, complete with a shaded lounge area and outdoor dining facilities at the grilling station, invites residents to unwind and socialize. For families, there’s an on-site playground that caters to children’s recreational needs. Additionally, the community clubhouse offers various facilities, including a fitness center, business center, and a cozy lounge area designed for relaxation or social gatherings.

According to Joe Hooker, the Acquisitions Manager for 4106 PR, LLC, the location of Point Royale Apartments is ideal. "Located in North Victoria, Point Royale Apartments provides the best of both worlds—peaceful residential living combined with accessible proximity to schools, employment opportunities, and entertainment venues."

The property enjoys a strategic location near Loop 463, affording residents easy access to a wide array of shopping outlets, dining options, and essential services, such as hospitals and schools. This strategic positioning makes Point Royale Apartments an attractive choice not only for families but also for students and professionals seeking convenience and quality living.

As urban living trends evolve and more individuals look for communities that provide both a home and a lifestyle, the acquisition of Point Royale Apartments positions 4106 PR, LLC well within the competitive multifamily housing market. Their investment signifies a positive outlook on the housing trends in Victoria, one of Texas's growing cities. With its welcoming atmosphere and a variety of appealing features, Point Royale Apartments represents a solid option for those looking to settle in a vibrant Texas community.

For prospective residents seeking more information about the living options available at Point Royale Apartments, they can visit the apartment's official website at https://www.pointroyaleapts.com/. The site provides in-depth details about various apartment configurations, amenities, and the overall lifestyle offered by this engaging community.

In conclusion, 4106 PR, LLC’s acquisition of Point Royale Apartments not only enhances its portfolio but contributes positively to the residential landscape of Victoria, Texas, a city that continues to flourish. The investment aligns with the growing demand for quality multifamily living spaces in areas that offer convenience, comfort, and community engagement.

Topics General Business)

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