MULTIFAMILY

The Avalon Apartments
Los Angeles, California

The Avalon Apartments is a Class A student property at the University of Southern California. The Avalon Apartments is a three story building with two subterranean levels of parking that was built in 2002. The property has central air conditioning, large balconies with city views, fully laundry facilities, double sinks in most bathrooms and a sun deck on the roof.

The Avalon Apartments is located in an student housing area adjacent to the USC campus and is within a 10 minute walk, or a 4 minute bike ride, to classrooms.

Bentley Place
Lenexa, Kansas (Kansas City Metro)

Bentley Place is a 511 unit, apartment complex comprised of twenty-one buildings, including a newly renovated clubhouse and an on-site day care center. Bentley Place is situated on a high-traffic street at the intersection of I-435, I-35 and Highway 69 adjacent to the Oak Park Mall, Kansas City's largest shopping mall and within two miles of the rapidly expanding Johnson County Community College. The property is located in an upscale neighborhood in the established Kansas City suburb of Lenexa, Kansas, and is located within the highly acclaimed Shawnee Mission School District. Bentley Place offers its tenants 2 swimming pools, state of the art fitness center, indoor full basketball court, lighted tennis courts, washer and dryer hook-ups, modern kitchens, new cabinetry and private patio/balconies.

Berkley Apartments
Little Rock, Arkansas

The Berkley Apartments is a 252 unit complex located in Little Rock, Arkansas. The property is in close proximity to retail, entertainment and employment centers, and is located in the innermost affluent suburban Interstate ring around Little Rock. Both downtown Little Rock and its outer suburbs can be reached in minutes from the property. The property offers tenants a newly renovated clubhouse, fitness room, tennis and basketball courts, and an array of other amenities.

Brightwaters
Little Rock, Arkansas

Brightwaters is a 256 unit garden style community located within 3 miles of State Highway 10 in the Riverdale neighborhood. The property’s address lies approximately ¾ of a mile northwest of Riverfront Drive, a four-lane boulevard that hugs the Arkansas River.

Chenal Lakes
Little Rock, Arkansas

Chenal Lakes is a 456 garden style community located within 2 miles of I-630 and Shackleford Road in Little Rock, Arkansas. The property is conveniently located with access to the medical corridor and major shopping centers.

Chinoe Creek Apartments
Lexington, Kentucky

The Chinoe Creek Apartments is a 19 building, 356-unit apartment complex located in an infill, upscale residential neighborhood on 22 rolling acres in Lexington, Kentucky.

Chinoe Creek Apartments is centrally located in the southeast side of Lexington with convenient access to downtown, University of Kentucky and major employers due to proximity to I-75 and I-64, and proximate to major retail and entertainment.

Clemens Place
Hartford, Connecticut

Clemens Place is a 41 building, 583 unit apartment complex located in Hartford, Connecticut. The property is situated in the West End, only minutes away from downtown Hartford.

Clemens Place's style reflects the historic spirit of the 1920's and 1930s, can be seen in the restored architectural details, ornamental street lamps, wide brick walkways, wrought iron fences, canopied entrances and gleaming brassware.

Coach Lantern
Scarborough, (Portland) Maine

Coach Lantern is a 90 unit garden style apartment community located in Scarborough, Maine. Located just six miles from downtown Portland, this complex consists of 21 buildings on 21 acres. The property features two playgrounds along with waterfront access.

Cuestas
Las Cruces, New Mexico

This is a class A property located along North Roadrunner Parkway, which is a high-traffic thoroughfare in the rapidly growing, upscale East Mesa area of Las Cruces, a Southwestern city which RRE believes has high employment growth potential. The property is visible from Highway 70, and has easy access to this major highway in the city.

The City of Las Cruces has experienced significant growth in recent years and most of the major residential and commercial development in the city is currently occurring in the East Mesa area.

Fairfield Apartments
West Little Rock, Arkansas

Fairfield Apartments is a 337 unit complex strategically located in West Little Rock, Arkansas. The property is surrounded by single family luxury homes with a median housing value of $200,000, 103% higher than the median for all of Little Rock, and the Pleasant Valley Country Club, one of the most prestigious private country clubs in Arkansas featuring a Joe Finger-designed golf course. The property also provides tenants with easy access to Interstates 430 and 630, two of the most integral arteries in Little Rock.

The Falls at Duraleigh
Raleigh, North Carolina

The Falls at Duraleigh is a 17 building, 396-unit apartment complex located in an infill location adjacent to Olde Raleigh. The Falls at Duraleigh has an extensive recreational amenity package for tenants, including a freestanding resort-style health club, swimming pool, indoor racquetball courts and a fitness center. The property also has two lighted tennis courts and a sand volleyball court.

The Falls at Duraleigh is located in Northwest Raleigh between Highway 70 and Interstate 40, making all points of Raleigh's Research Triangle easily accessible in minutes. The property is located near large employers out side of the Research Triangle, including Rex Hospital and Cancer Center, Blue Ridge Medical Center and the Crabtree Valley Mall.

Foxcroft
Scarborough, (Portland) Maine

Foxcroft is a 104 unit garden style apartment community located in Scarborough, Maine. Located just six miles from downtown Portland, this complex consists of 14 buildings on 26 acres. The property features a playground, private patios along with additional on-site storage for residents.

Foxglove Apartments
El Paso, Texas

Foxglove Apartments is a 176 unit apartment complex comprised of eleven two-story buildings. Foxglove is located only 1½ miles from the El Paso Country Club, a 100 year old private club, and is in an area with spectacular views of the Franklin Mountains. In addition, Foxglove is conveniently located near numerous retail and entertainment outlets. The property is fully amenitized; offering its tenants a swimming pool, a Jacuzzi and free basic cable television. Each apartment unit is equipped with washer and dryer hook-ups and ceramic fireplaces.

The Grove at White Oak
Houston, TX

The Grove at White Oak is comprised of 6 newly renovated garden-style apartment buildings, rising three and four stories. These six buildings house a total of 156 one and two bedroom units. Additionally, a seventh building serves as a leasing office and business facility. Conveniently located, The Grove sits just inside the northwest corner of I-610 inner loop of Houston, 8 miles from downtown Houston, and 5 miles from the Galleria. Recent renovations at The Grove include updated kitchens with new appliances, tiled floor and new countertops. Community amenities include a clubhouse, business center, barbeque grills, perimeter privacy fence, entrance gate, patrol service, a 3 story parking deck and a newly added swimming pool. Ten minutes south of the property is Memorial Park, the largest urban park of Texas, with miles of trails, sports fields, a municipal golf course, and the Houston Arboretum and Nature Center.

Heritage Lake
Knoxville Tennessee

Heritage Lake is located 15 miles from downtown Knoxville, in a residential neighborhood, strategically located between the two largest employers in Knoxville, Oak Ridge National Laboratory and the University of Tennessee. This 3 story garden-style apartment complex comprises of 262 units spread over 20 acres. There are 12 apartment buildings, a leasing office, pool, business center, fitness center and detached garages. Heritage Lake offers pleasing aesthetics combining attractive newly built buildings with a man made lake. Heritage Lake offers tenants a highly accessible community located just off of the well traveled interstate, I-140, Pellissippi Parkway.

Highland Ridge
Overland Park, Kansas

Highland Ridge located in Overland Park, Kansas is comprised of 370 one and two bedroom units featuring a variety of floor plans. The property is fully amenitized with indoor and outdoor pools, business and fitness centers, tennis court, and 24 hour emergency maintenance. Highland Ridge has a newly renovated Clubhouse, adjacent to the indoor pool, where complimentary breakfast is served every morning. The Property is located near Johnson County Community College, the third largest college in the state with over 34,000 students, and in the Blue Valley and Olathe School Districts. Overland Park's College Office Corridor, located one mile from Highland Ridge, is one of the premier Class A office locations in the metropolitan Kansas City area.

Howell Bridge
Suburban Atlanta, GA

Howell Bridge is a 256 unit garden style apartment complex located in Duluth, GA, a suburb of Atlanta. This 32 building community is adjacent to one of the most well traveled intersections in Gwinnett County. Howell Bridge is in close proximity to the North Point Mall, Gwinnett Place Mall, as well as Interstate 85 and Georgia 400. Nearby are four different office markets, representing approximately 63.5 million square feet of office space. Additionally, Howell Bridge is located within the Gwinnett County public school system which includes Duluth High School which was named a Georgia School of Excellence, a National School of Excellence, and the recipient of the 2005-2006 Siemens Award for Advanced Placement. Howell Bridge offers residents several community amenities including a swimming pool with a sundeck, playground, fitness center, lighted tennis courts, volleyball court, and a picnic area with a grill.

The Lodge of Overland Park
Overland Park, Kansas City

The Lodge of Overland Park is a 548 unit apartment complex comprised of 65 buildings with a mix of 1, 2 & 3 bedroom apartments with numerous floor plans. Amenities include 2 large outdoor pools, tennis court, full size basketball court, tanning salon, fitness and business centers. The Clubhouse and Leasing Center at The Lodge was completely renovated in 2004/2005. The Lodge is located in Overland Park, part of the greater metro Kansas City area and within the Shawnee Mission School District.

Magnolia Villas
Savannah, Georgia

Magnolia Villas is a 144 unit garden style apartment community located in Savannah’s south sub-market region. The property is conveniently located near Hunter Army Airfield along with a regional shopping mall as well as the historic district.

Memorial Towers
Houston, Texas

Memorial Towers is a 112 unit 8-story high-rise apartment community located in the River Oaks section of Houston, Texas. This loft style property features newly renovated kitchens and bathrooms along with stained concrete and wood floors. The property also features; a landscaped courtyard, a fitness facility, a pool and club house as well as an underground parking garage. Memorial Towers is located near many retail centers, entertainment and cultural venues.

Nittany Pointe
Altoona, Pennsylvania

Private student housing located on the campus of Penn State Altoona. The property is a 13 building 156 unit, 624 bed (individually leased), garden style apartment complex on 30.5 acres of land.

Nittany Pointe is a fully amenitized luxury student housing property at Penn State Altoona offering microwave ovens, refrigerator, washer/dryer in each unit, dishwashers, private bedrooms, large closets, fully furnished with designer furniture, garbage disposal, energy efficient, balconies or patios available. Property also offers student services center with computer room, pool with volleyball, activities center, sand volleyball and basketball court, hot tub, lighted parking, weight/fitness/exercise room and tanning room.

Park Hill
San Antonio, Texas

Park Hill is a 288 unit apartment community located in Northwest San Antonio, Texas. The 18 two and three story building complex is situated on 10 acres. Park Hill has numerous amenities including two newly resurfaced tennis courts, two pools, a clubhouse, a sauna and a leasing center.

Park Hill’s brick and wood plank exterior provide it with high visibility and curb appeal. Located on heavily traveled Fredericksburg Rd, it is estimated that more than 30,000 travelers a day pass the property. In addition to the high visibility of its Fredericksburg Rd location, Park Hill sits directly across the street from USAA Headquarters and borders the South Texas Medical Center on the North side. Park Hill is centrally located one mile from I-10, five miles from the I-410 inner loop and six miles south of the University of Texas, San Antonio.

 

Pear Tree Apartments
El Paso, Texas

Pear Tree Apartments are located 9 miles from El Paso?s central business district, in the city?s West Side. The West Side of El Paso is generally the city?s most affluent and supply constrained market. Built in 1981, this two-story, garden-style apartment complex contains 130 units. There are 24 apartment buildings, a leasing office and clubhouse, a single-story spa building, pool, fitness center and covered parking. Pear Tree Apartments offers tenants a highly desirable location situated in a residential community.

Pleasant Pointe
Little Rock, Arkansas

Pleasant Pointe Apartments is a 239 unit complex located in Little Rock, Arkansas. Strategically located just minutes from large retail establishments, the property allows travel to a multitude of attractions throughout Little Rock. Tenants enjoy access to swimming pools, tanning room, and a host of newly renovated recreational facilities. Renovations completed in 2003 provide renters with large floor plans and attractive rental rates in a desirable, affluent location.

Portland Courtyard
Los Angeles, California

Portland Courtyard is a newly renovated and remodeled garden style building with courtyard and pool, 47 unit apartment complex located adjacent to the University of Southern California in an infill collegiate submarket of Los Angeles, California. The property is only a 10 minute walk to central campus and is located directly in front of a USC tram stop.

Portland Courtyard is one of the few fully amenitized properties on USC's campus. The property boasts a newly renovated swimming pool, a new fitness center and a new leasing center. The property also offers gated parking and a barbeque area.

Regents Center
Overland Park, Kansas

Regents Center is a 424 unit apartment complex located in Overland Park, a suburb of Kansas City. Situated in the southern parts of Overland Park, near the southwest corner of 127th Street and Quivira Road, the property is in close proximity to employment centers, schools, and recreation. The College Boulevard Corridor, Kansas City's largest employment center is approximately 1.5 miles away. Amenities include two swimming pools, tennis court, fitness center and aerobic area, sport court (including basketball and volleyball areas), business center, car care center, high-speed Internet access and covered parking.

Ryan's Crossing
El Paso, Texas

Ryan’s Crossing is a 248 unit garden style apartment community located on the west side of El Paso. The community is located 6 miles from the central business district and minutes from regional shopping centers. The resort style atmosphere features a swimming pool, barbeque and a whirlpool spa.

Sage Canyon
Albuquerque, New Mexico

Sage Canyon was fully renovated in late 2004, and is located on a high-traffic thoroughfare in a busy infill retail area in Albuquerque. RRE believes there is limited competition, since there are only two comparable properties in its competing area. The property is centrally located in the North Valley's Los Ranchos Village, a semi-rural area within Albuquerque which contains many luxury homes.

RRE believes that Albuquerque has solid job growth potential resulting from the growth of technology related employment due in part to the extensive R&D performed at Sandia Labs, Los Alamos National Laboratories and the University of New Mexico.

Santa Fe Place Apartments
El Paso, Texas

Santa Fe Place Apartments is a 272 unit apartment complex comprised of seventeen two-story apartment buildings. Santa Fe Place is located in an upscale area of El Paso at the base of the Franklin Mountains and is in close proximity to retail, entertainment and employment centers. The property is only one mile from the I-10 Freeway, and has easy access to downtown as well as El Paso's suburbs. Santa Fe Place is located in the highly ranked Dr. Green School District, and is minutes away from the University of Texas at El Paso. Santa Fe Place offers its tenants two swimming pools with Jacuzzis, a volleyball court, picnic areas with barbeque grills, three laundry rooms, high speed Internet, free basic cable and wood-burning fireplaces with mantle in all units.

The Summit Apartments
Albuquerque, New Mexico

The Summit Apartments is comprised of two four-story and two five-story buildings that contain 189 apartment units in Albuquerque, New Mexico. The property is located on seven acres in an infill location with Rocky Mountain views and a centralized Albuquerque location.

The Summit Apartments is located in area of Albuquerque with limited competition and is surrounded by an upscale neighborhood and proximate to the University of New Mexico and its Medical Centers.

 

Tanglewood Court
Houston, Texas

Tanglewood Court is a 634 unit apartment complex located on over 17 acres at the Intersection of San Felipe and Fountainview in the heart of Houston, bordered by the Tanglewood and Briargrove neighborhoods and Galleria office and retail centers.

Tanglewood Court underwent a significant cosmetic upgrade in 2003-2004. The property now boasts a new look, including a newly remodeled leasing center and a completely redesigned exterior landscape.

Valley Crossings
West Little Rock, Arkansas

Valley Crossings Apartments is a 211 unit complex located in West Little Rock, Arkansas. The property is surrounded by an upscale residential neighborhood, and strategically located near "Class A" employment centers. The property is also located within a ten minute drive to Little Rock's "Hospital Corridor", the home of two of the area's largest employers, the University of Arkansas for Medical Sciences and the Baptist Health Medical Center.

Villas of Henderson Pass
San Antonio, Texas

Villas of Henderson Pass is a 228 unit garden style apartment community consisting of 19-three story buildings situated in San Antonio, Texas. This community features a two-story leasing office and clubhouse with a billiard table and a foosball table. Some additional amenities include; a fitness center, a volleyball court, a heated spa and sauna as well as two swimming pools. The property is a few minutes drive to many nearby retail shopping centers and hotels.

Westchase Crossing
Houston, Texas

Westchase Crossing is a 366 unit, garden style apartment community located in a western suburban part of Houston. Exterior amenities include two swimming pools with fountains, a clubhouse, two courtyards and picnic areas with grills. Selected units include sunrooms, fireplaces and built-in bookshelves. The property sits just 1 block off of Westheimer Road, one of Houston?s most heavily traveled retail corridors. The asset is situated approximately half-way between the Energy Corridor and Westchase, two of Houston?s very significant business concentrations, and 8 miles west of the Galleria.

West Wind Landing
Savannah, Georgia

West Wind Land is a 192 unit garden style apartment community located on Wilmington Island, one of suburban Savannah’s most exclusive residential neighborhoods. The property is close to shopping centers, recreational amenities and the historic area.

Wind Tree Apartments
El Paso, Texas

Wind Tree Apartments are located 12 miles from El Paso?s central business district, in the heart of the city?s fast-growing East Side. Built in 1982, this two-story, garden-style apartment complex contains 176 units. There are 20 apartment buildings, a leasing office, pool, fitness center and covered parking. Wind Tree Apartments offers tenants a highly accessible residential community located at the well traveled intersection of Trawood Drive and George Dieter, just two miles from El Paso?s main thoroughfare, I-10.

Wyndham Apartments
Houston, Texas

The Wyndham Apartments is a 448 unit, garden style apartment community located in a northern suburban part Houston, very close to the I-45 and FM 1960 interchange. Wyndham offers five swimming pools, courtyards, a playground and picnic areas with grills. Selected units include vaulted ceilings, built-in bookshelves, ceiling fans, outside storage and wood burning fireplaces. The asset has close proximity to the George H.W. Bush International Airport and Houston?s Northwest Medical Center. In addition, the asset enjoys excellent freeway access to The Woodlands, a master-planned community with 80,000+ people.