King's Cove

National Asset Services Maximizes Disposition Opportunity, Delivering Multiple Buyer Options for Texas Multifamily Property

Retrieved on: 
Tuesday, May 10, 2022
Solution, Insurance, Risk management, Humble Independent School District, NOI, Walker & Dunlop, Founder, Country, NAS, PSA, Marketing, Sale, Achievement, Area studies, Ownership, Walking, Acquisition, Property management, Cryptocurrency, Commercial property, Hurricane Harvey, King's Cove

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.

Key Points: 
  • 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.
  • Aggressive leasing, strategic marketing and cost-effective property maintenance supervised by the NAS management team resulted in above market occupancy.
  • The overall efforts helped stabilized NOI while maintaining a high-quality living experience for community residents, enabling property ownership to maximize disposition opportunities at the peak of market activity.
  • Since 2008, NAS has served 2,568 investment clients and has established an impressive track record for investment property management.