Koontz Corporation sells Texas apartments to California investment group
![Encino Trace Luxury Apartments pool](/wp-content/uploads/2021/08/Encino-Trace-Apts-Pool.jpg)
San Antonio’s Koontz Corporation has sold one of its properties, Encino Trace Luxury Apartment Homes, to SB Pacific Group LLC, a California investor. Although the value of the transaction was not disclosed, Brazos County values the property at $32 million.