PROVO, Utah (March 20, 2018) – Peak Capital Partners, a Utah-based apartment investment and management company, today announced it has closed on Woodview, a 104-unit apartment community in Wichita Falls, Texas, and Gateway Village, a 116-unit senior community in Beaumont, Texas.

“These two communities offer affordable housing options during a time of soaring housing costs,” said Peak Founder and Chairman Jeff Danley. “With these acquisitions, Peak now owns 20 apartment communities in Texas.”

Both apartment communities were developed with the Low-Income Housing Tax Credit (LIHTC) federal housing program, making rent affordable to lower-income households.

Each community is furnished with washer and dryer connections, walk-in closets, and additional storage space. Each unit has a fully equipped kitchen including refrigerator, range, garbage disposal, and dishwasher. Community amenities include a swimming pool, fitness studio, children’s playground, and gated access to the properties.

Woodview is equidistant from Dallas and Oklahoma City, approximately a two-hour drive from both metropolises. It is located within seven miles from the top five employers in Wichita Falls, including Sheppard Air Force Base, Wichita Falls ISD Public School System, and North Texas State Hospital.

Gateway Village is located 31 miles from Orange and 20 miles from Port Arthur. The property is within five miles of the top five employers in Beaumont, including ExxonMobil, Conn’s Appliances, Inc. and ENGlobal Corp.

 

About Peak Capital Partners

Peak Capital Partners and its affiliates own and manage conventional, affordable, and student apartment communities in growth markets in the United States. Visit www.peakcapitalpartners.com.

 

Press Contacts

Jeff Danley

jd@peakcapitalpartners.com

Dave Anderton

dave@daveanderton.com

Dave Anderton | Public Relations
Anderton Group Inc.
dave@daveanderton.com | 801.707.2383