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Engel News

Market knowledge and sound management yields significant returns.

In 2014 Engel Realty Company, LLC purchased the Colony House Apartments located in Fort Walton Beach, Florida. A 139 unit apartment complex that was still owned and operated by the original developer. Through our relationships with the brokerage community and our ability to identify sound market fundamentals Engel was able…

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Engel Realty Heads Out West

Engel Realty Company, LLC continues to expand it’s investment portfolio. Specifically landing out west in beautiful New Mexico. In 2020 Engel made a significant splash into Albuquerque, New Mexico with the purchase of three multi-family properties located throughout the city. Totaling 346 units with a combined value in excess of…

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Engel Realty expands into Tallahassee, Florida

Engel Realty added to it’s presence in Tallahassee, Florida with the acquisition of the 102 unit Ashford Club at Betton Hills Apartment complex. Engel Realty has had a presence in Tallahassee for over 20 years with the Gulfwind shopping center and now expands that presence with the addition of Ashford…

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Engel Realty adds Jonesboro, Arkansas property to its Multi-Family Portfolio.

In October of 2018 Engel Realty acquired Stadium Place Apartments, a 200 unit property built in 2000 located in Jonesboro, Arkansas. Stadium Place offers residents a variety of desirable amenities. A dramatic tree-lined entrance to the property creates a sense of grandeur. The leasing center includes: an entry porch, two…

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Engel Realty Expands into Kentucky with latest acquisition.

In March of 2019 Engel Realty added to its Multi-family portfolio with the addition of Saddlebrook at Tates Creek located in Lexington, Kentucky. Saddlebrook at Tates Creek is a B-Class apartment community consisting of 181 units. The units are primarily one & two bedroom floor-plans including some unique town-home layouts…

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Additional Units and a Value-Add Program Creates Significant Returns in Muscle Shoals, AL

On May 16, 2014 Engel Realty purchased Arbor Village a 160-unit multifamily property in Muscle Shoals, Alabama. Arbor Village was originally constructed in 1987 in multiple phases. What attracted Engel to Arbor Village was the opportunity to purchase the property from the developer, the quality of the construction, the inclusion…

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