• Kings Cove, a Class “A” 192-unit, garden-style apartment community located about 28 miles northeast of downtown Houston in the Kingwood, TX submarket.
  • The property, which sold at a cap rate of 3.73%, was introduced to the market in October 2021 and received over 30 offers from credible buyers. The sale transaction closed per PSA terms with no re-trading.
  • Aggressive leasing, strategic marketing and cost-effective property maintenance supervised by the NAS management team resulted in above market occupancy.
  • The overall efforts helped stabilize NOI while maintaining a high-quality living experience for community residents, enabling property ownership to maximize disposition opportunities at the peak of market activity.
  • In April of 2018, the NAS asset-managed property was among the first multifamily properties in the Houston area to reopen after the devastation created by Hurricane Harvey just eight months prior.
  • The once-flooded, first-floor apartment homes underwent dramatic upgrades that included new stainless-steel appliances, white cabinetry, stained concrete flooring, new designer light fixtures, ten-foot ceilings with exposed ducts, and private patios or balconies.

  • National Assets Services Success Stories

    National Asset Services is a nationally respected, owner-entrusted commercial real estate management company that has delivered positive results for over 2500 investors nationwide. With experience in managing properties, located in diverse markets across the country, the NAS team knows that all owners have one goal in common:

    Increase Property Value. Optimize Property Performance.

    If you’re looking for a better commercial real estate management company, put the NAS team to work for your asset today. You will quickly see how an experienced commercial property management company will be a real difference in the making of your property’s success story.

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