Houston: 312-unit Montelago trades hands

HOUSTON – The Montelago, a 312-unit multifamily community, has been sold. The community is located at 11881 Gulf Pointe Dr.

The community totals 309,530 sf, and it was constructed in 2005.

Duck Pond Realty Management purchased the community from Covington Realty Partners.

This is Duck Pond’s second purchase in the area within weeks. See Lodge at Kingwood to Duck Pond; Cardinal takes wing,