BR Apartments LLC Completes $42M Acquisition of Blue Ridge Apartment Homes in Midland Texas

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Blue Ridge Apartments
Built in 2011, the Class B property features 290-units across 3 stories. Blue Ridge Apartment Homes is located at 2818 West Loop 250 North, Midland, Texas. 

BR Apartments LLC purchased residential property, Blue Ridge Apartment Homes, for $42 million. Located in the Midland, Texas, the residential community was acquired on July 26, 2024, with the total Real Property value of $42,010,000.

Blue Ridge Apartment Homes offers sophisticated style living in comfortable one-, two-, and three-bedroom apartment homes. The building is a walk-up community and is pet-friendly. Each home features granite counter tops, updated appliances, hardwood plank flooring, 9-ft. ceilings with crown molding and a balcony/patio.

Step outside the apartment home, residents are surrounded by resort-style amenities, such as a swimming pool with an outdoor entertainment and gathering space, grilling and games area, a fitness center, community clubhouse with a business center, game room with shuffleboard and billiards.

Surrounding the gated residential property, residents can walk to restaurants, shops and a movie theater. There’s a charming downtown district to explore in Midland, with a fierce barbecue scene that’s true to the Texas style. Midland is also home to a variety of museums, including the Permian Basin Petroleum Museum, the Museum of the Southwest, and the Odessa Meteor Crater and Museum. Residents of Midland, often referred to as Midlanders, relish spending time in nature at the nearby Big Bend National Park and the I-20 Wildlife Preserve. There is also a burgeoning arts scene in Midland, punctuated by Midland College’s McCormick Gallery, the Wagner Noel Performing Arts Center, and the Midland-Odessa Symphony and Chorale.

“Blue Ridge Apartment Homes embodies a serene and welcoming atmosphere that fosters community and tranquility,” said Joe Hooker, Acquisitions Manager, BR Apartments LLC.