Landmark Properties Acquires 23.5-Acre Development Site In Conroe, Texas For Build-to-Rent Community

Landmark Properties has acquired a 23.5-acre development site located at 7711 Longmire Road in Conroe, Texas. The site will be used for the construction of The Everstead at Conroe, a 190-unit build-to-rent community. The development is part of Landmark's BTR Division and is a response to the increasing demand for rental housing in the area. Landmark Construction will serve as the general contractor for the project, which is expected to be completed by late 2025.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: Not specified
• Market: Conroe
• Address: 7711 Longmire Road
• Buyer: Wes Rogers - Landmark Properties

The Everstead at Conroe development will be overseen by Wes Rogers, representing Landmark Properties. The acquisition of the site and the subsequent construction of the build-to-rent community demonstrate Landmark's commitment to meeting the growing demand for rental housing options in Conroe, Texas.