ResProp Management Wins Management of Woodstone Apartments in Austin, TX
AUSTIN, TEXAS, UNITED STATES, July 8, 2021 /EINPresswire.com/ – ResProp Management has been selected by Polaris Real Estate Partners to provide comprehensive property management services to Woodstone Apartments in Austin, Texas. Built in 1984, Woodstone Apartments is a Class A apartment community comprising of 1 and 2 bedroom apartments ranging from 660 to 1,500 square feet. Units feature stone countertops, walk-in closets, ceramic backsplash, and wood-style flooring. The property has on-site amenities that include a swimming pool, fitness center, storage units, and on-site laundry facilities. Its proximity to major schools, restaurants and shopping makes it an ideal location for top employers and entertainment.
Steven Rea, Senior Director of Business Development at ResProp, said, âWe couldn’t be more excited to work with Polaris Real Estate Partners and manage this community on their behalf. We hope this is the first of many communities where we will work together to develop and execute a business plan to achieve the goals of Polaris and their investors. ResProp moved our headquarters to Austin in 2020, and we anticipate this will be the first of many additions to our third-party management portfolio over the coming months. Â»With the recent addition of Woodstone to the portfolio, ResProp Management now manages 4 properties in the Austin area.
About Polaris Real Estate Partners:
The general partners of Polaris collectively have over 40 years of experience in owning and managing income-producing properties and have been investing continuously over the past two decades. They have acquired approximately 5,000 units as part of their existing portfolio and own multi-family real estate assets in Kansas, Missouri and Texas. Directors have successfully invested in 20 commercial real estate markets in 14 states.
About ResProp Management: Since 2010, ResProp has managed over 17,000 apartments in Florida, Texas, Arizona and Colorado. ResProp will continue to relentlessly pursue its goal of being the premier service to residential real estate owners in target markets through 2021. ResProp is a third party property management company with in-house expertise spanning acquisition, financing, asset management, property management and construction management capabilities.