Colliers is excited to announce the successful sale of Oaks of Kingwood, a highly sought-after 152-unit multifamily property located at 3415 Havenbrook Drive in Kingwood, a master-planned community in northeast Houston, Texas. This is the first time the property has been on the market in 25 years. The transaction was managed by Colliers’ experts Chip Nash, Bob Heard and Jaleel Adatia representing the seller, Kingwood Houston Oaks Limited Partnership.
“Oaks of Kingwood attracted considerable interest thanks to its prime location and outstanding occupancy rate,” said Chip Nash of Colliers. “This property highlights the strong demand for premium multifamily investments. Investors are actively seeking assets with these exceptional qualities, and we are proud to have successfully facilitated this transaction.”
Originally built in two phases, first in 1984 and then a second phase in 1999, Oaks of Kingwood features 152 units spread over two floors, offering a total net rentable area of 133,013 square feet with an average unit size of 876 square feet. With an impressive 99% occupancy rate, the property highlights the strong demand for well-maintained residential options in the area.
Residents of Oaks of Kingwood benefit from convenient access to Kingwood’s diverse amenities, including top-notch retail, dining, and entertainment options.
About Colliers
Colliers is a leading diversified professional services and investment management company. With operations in 68 countries, our 22,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 28 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. With annual revenues of $4.4 billion and $96 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors, and our people. Learn more at corporate.colliers.com, X @Colliers or LinkedIn.
