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Crossgate Partners, LLC has joint ventured with Dominion Partners, LLC on the development of 316 Class A Apartments on 21 acres in Mobile, Alabama, where very few apartment projects have been developed in the last 7 years. The site has rolling hills and is heavily wooded with hard pines. The project consists of 44% one (1) bedroom units, 48% two (2) bedroom
units and 8% three (3) bedroom units. The average unit size is 954 rentable square feet and the 15 unique building gated community features a clubhouse with pool, a playground, detached garages for storage and a car wash area. As joint venture partner and asset manager Crossgate has over seen the start and completion of construction come in under budget in a 12 month period.The project is currently 92% leased.
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