BlackRidge Companies, a Montana-based company, has broken ground on a second phase for Willow Creek Apartment Homes in Jonesboro, AR. Willow Creek II will add 144 units, a second fitness center and swimming pool to the existing 180-unit market rate apartment community. The $12 million development is scheduled to be complete in spring 2013. “We are looking forward to continuing to provide high-quality housing to the Jonesboro community,” said Jon Braxton, owner of BlackRidge Companies. “We’ve had a great response and maintained a high occupancy percentage with our Phase I apartment homes and feel that the housing demand in this market is there for Phase II to be successful also. Phase I set the benchmark in apartment home living in Jonesboro by providing quality living environments, superb amenities, and outstanding customer satisfaction. Willow Creek II will be another example of this Class A lifestyle.”
Located on Caraway Road in Jonesboro, Willow Creek II will sit on approximately 10 acres north of the current site and will share amenities, including a Resident Clubhouse, with the existing Willow Creek community. A second fitness center and swimming pool will be built with the new development and available to residents of both phases. The new phase’s units will range from one to three bedrooms, as they do in the first phase. The second phase will also be an eco-friendly environment and carports have been added to this phase for the residents’ convenience. Each apartment home will include a private patio, private exterior storage closets, a full-size washer and dryer, walk-in closets in each bedroom, beautiful wood cabinetry, fully-equipped kitchens, including a dishwasher and a microwave, ceiling fans, and eat-in bar in the kitchen.
Willow Creek I was completed by BlackRidge Companies in 2011 and is currently 95% occupied. For leasing, please visit www.livingwillowcreek.com or stop by today for a tour. Willow Creek II will be managed by Sterling Management, LLC, a Mishawaka, Ind.-based property management firm. Sterling Management has over 30 years of experience assisting owners in achieving both physical and financial goals for their assets. For more information on Sterling Management, please visit www.thesterlinggrp.com.
BlackRidge Companies is a privately owned and operated real estate development and holding company based in the heart of Southwest Montana. BlackRidge specializes in market rate, multifamily apartment home communities and high-quality hotels nationwide. For more information on BlackRidge, please visit blackridgeco.com.