Colliers Sells Oaks Of Kingwood Multifamily Property In Kingwood For First Time In 25 Years

The transaction involves the sale of a 152-unit multifamily property located at 3415 Haven Brook Drive in Kingwood, Houston. The property has maintained a high occupancy rate of 99%, attracting significant interest from investors due to its prime location. This marks the first sale of the Oaks of Kingwood in 25 years.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not disclosed
• Units: 152
• Address: 3415 Haven Brook Drive
• Market: Kingwood
• Brokers: Bob Heard, Chip Nash & Jaleel Adatia - Colliers

Colliers, represented by Chip Nash, Bob Heard, and Jaleel Adatia, played a crucial role in managing the sale of this multifamily asset, facilitating the transaction successfully after a long period of ownership. The team's efforts contributed to the property's appeal in a competitive market.