After a quarter of a century, an investment partnership in the Houston area has made the decision to sell their 152-unit apartment complex in Kingwood. The Oaks of Kingwood, owned by Kingwood Houston Oaks Limited Partnership, is located at 3415 Havenbrook Drive and offers studio to four-bedroom floorplans with an average size of 876 square feet. The community boasts a total net rentable area of 133,013 square feet and currently has a high occupancy rate of 99 percent.
The multifamily community was built in stages over time with the first phase completed in 1984 and the second phase finished in1999.
Leading real estate firm Colliers oversaw the transaction through their experts Chip Nash, Bob Heard, and Jaleel Adatia who represented the seller.
Kingwood is just one among several communities situated within Northeast Houston’s Lake region including Atascocita,Humble,and Summerwood.
