Class: B
Year: 1984
Style: Garden Style
Acquired Date: September 2024
Address: 3415 Havenbrook Drive, Kingwood, TX 77339
Property URL: www.oaksofkingwoodapartments.com

Investment Summary
The Oaks of Kingwood, is a 1984-constructed garden-style apartment community with tremendous value-add potential located in Kingwood, TX. The location truly provides a unique opportunity for an investor to own a large, garden-style asset in a core Houston area.
Amenities

Business Plan
The strategy for this asset provides a potential revenue gain by renovating and achieving premiums on classic units.
- The exterior will receive newly rebranded singage, landscaping, new exterior paint, package locker, a pool refresh and exterior lighting.
- The property was rebranded and received a full new sign package, updated branding, and a new color pallet.
Implement vertically integrated management to control expenses
Add additional improvements and amenities to common areas and unit interiors
Add new income through reserved parking and increased RUBs and Pet Fees
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Sold Date: August 2024

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