Koontz Corp. announced it has sold Encino Trace Luxury Apartment Homes, a 302,292-plus square foot, 340-unit, class A, multifamily community located in College Station, Texas, to California-based SB Pacific Group.
“We have enjoyed incredible results and success with our multifamily project in College Station,” said Bart Koontz, CEO at Koontz. “Encino Trace Luxury Apartment Homes is a prime example of our experience in developing luxury apartment homes in our region. We are pleased that SB Pacific Group recognized the value that we have created.”
Developed and constructed by Koontz, Encino Trace was completed in January 2022 and is situated on a 17.2-acre tract located at 2338 Harvey Mitchell Parkway South in College Station. The 14-building suburban development was designed with stone and stucco exteriors and one- and two-bedroom garden apartment homes. All apartments feature island kitchens with stainless-steel appliances and high-quality finishes, including q