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270 Park Pl
Kenedy, TX 78119
Park Place Landing Apartments · Multifamily Property For Sale · 80 Units

PROPERTY FACTS

No. Units 80
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 4.30 AC
Building Size 93,742 SF
Average Occupancy 81%
No. Stories 2
Year Built 2014
Parking Ratio 2.64/1,000 SF

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Washer/Dryer
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Range

SITE AMENITIES

  • Business Center
  • Clubhouse
  • Furnished Units Available
  • Lounge
  • Maintenance on site

ABOUT 270 PARK PL , KENEDY, TX 78119

Park Place Landing Luxury Apartments (the "Property") is an 80-unit Class A garden style community located in Kenedy, Texas. Built in 2015, the Property features a South Texas inspired design efficiently situated on 4.3 acres with a density of 18.60 units per acre. Park Place Landing presents an investor with the opportunity to acquire the premier property in the market with turnkey operations. South Texas Design with Benchmark Amenities " Community features an earth-tone, hardie-plank exterior with Texas limestone veneer on an efficient 4.3 acre site with beautifully landscaped grounds; " Amenities include expansive clubhouse with gourmet kitchen, coffee bar, executive business center with private conference room, outdoor grilling stations with covered seating areas, and 24-hour emergency maintenance. Custom Home Features & Furnishings " Park Place Landing offers fully-furnished one and two bedroom floor plans with modern interior features including granite countertops, black-on-black appliances, faux wood plank flooring, shaker style wood cabinetry and washer/dryers; Prime Location in Kenedy, TX " Kenedy is the largest city in Karnes County with a 2015 population estimate of 3,530; " The property is centrally located with visibility from Highway 181, the city's main north-south thoroughfare, providing quick access to the area's major employers. Future Prospects for Karnes County Remain Bright " Karnes County is one of the geologic "Hot Spots" of the well-known Eagle Ford Shale and remains the leader in the Baker Hughes rig count with nine rigs in operation accounting for more than 20% of the 44 active rigs as of September 16, 2016; " Recent research performed by UT-Austin's Bureau of Economic Geology suggests that the Eagle Ford has seen just a fraction of its ultimate activity; " Economist Karr Ingham of the Texas Alliance of Energy Producers says operators across the state have begun to add jobs back for the first time since 2015.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
103-7803
Land Assessment
$64,530
Improvements Assessment
$4,689,826
Total Assessment
$4,754,356
  • Listing ID: 4552114

  • Date on Market: 10/7/2016

  • Last Updated:

  • Address: 270 Park Pl, Kenedy, TX 78119

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