JLL Capital Markets recently finalized the sale of Banyan Kingsland Heights, a 97-unit build-to-rent (BTR) community in Katy, Texas. The seller, Banyan Residential, was represented by JLL in this transaction.
This newly constructed rental community features all single-family homes with three or four bedrooms each. With an average size of 1,876 square feet per home and amenities such as two-car garages and six-foot privacy fencing, these homes offer modern living at its finest. Other notable features include stainless steel appliances, granite countertops,vaulted or nine-foot plus ceilings,and spacious walk-in closets.
Situated on 27 acres at 4104 Scarlet Oak Ln., this property is conveniently located just south of Interstate 10 and near State Highway 99 in Brookshire,Texas.Brookshire is approximately37 miles westof Downtown Houston,making it a desirable location for residents seeking both suburban tranquility and easy access to city life.
The JLL Capital Markets Investment Salesand Advisory team led by Matthew Putterman,Jim Humphries,Daniele Colbertaldo,and Rhett Robins played a key rolein facilitatingthis deal.The successful sale marks another milestone for the thriving Katy real estate market.
