The property asset involved in this transaction is a multifamily community known as Villages at Parktown, located at 500 West Pasadena Boulevard in Deer Park, Texas. This garden-style community encompasses 309 units, featuring residences with one to four bedrooms, and sizes ranging from 810 to 1,600 square feet. The community is equipped with amenities such as an Olympic-sized pool, fitness center, and playground, along with upgraded units that include modern finishes.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not disclosed
• Units: 309
• Address: 500 West Pasadena Boulevard
• Market: Deer Park
• Seller: Kurt Houtkooper - Hamilton Zanze
• Acquisition Date by Seller: May 2014
• Sale Closing Date: December 19, 2025

The key individuals involved in this transaction include Kurt Houtkooper representing Hamilton Zanze, which previously acquired the property in May 2014 and has sold it on December 19, 2025. This transaction showcases the strategic movement within the multifamily asset marketplace under the representation of Hamilton Zanze.