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Press - 2017 and 2016

Presidium Group Enters The Rio Grande Valley

By October 4, 2017June 25th, 2020No Comments

PRESIDIUM GROUP ENTERS THE RIO GRANDE VALLEY

Harlingen, TX — The Valor at Harlingen, a 288-unit luxury multifamily apartment community built in 2015, was acquired by Presidium Group, LLC in early October 2017.

This desirable property, located near the highly-traveled intersection of Interstate 2 and Interstate 69E, is within immediate proximity to major employment drivers including Valley Baptist Medical Center and Harlingen CISD, plus numerous high-end retail, restaurants and entertainment venues.

The apartment community features three-story apartment buildings constructed using Hardie plank and stone exterior walls with pitched roofs. The community offers one, two and three- bedroom homes averaging 829 Sq. Ft. to cater to the local demographic base including students, young professionals, and tenured professionals.

Being the only Class A, newly-built asset in Harlingen, The Valor sets itself apart and above all competitors in the area. The property offers great community amenities including a resort-style swimming pool, state-of-the-art fitness center, picnic area with barbecue grill, dog park, clubhouse with business center, and covered parking / garages.

Harlingen is located in the heart of the Rio Grande Valley. It is situated 30 miles from the Gulf of Mexico and is in close proximity to the Northern Mexico border. Its central location in the Rio Grande Valley has allowed the city to thrive in growth and prosperity.

“On the heels of a recent expansion into Oklahoma City, Jacksonville (Florida) and Maine, Presidium is excited to purchase the best community in Harlingen and looks forward to further growth in the vibrant Rio Grande Valley” said Presidium Co-CEO John Griggs.

Presidium is excited to expand its geographic influence into this area.