KINGWOOD - The Lodge at Kingwood, a 312-unit multifamily community at 938 Kingwood Dr., has been sold. The garden-style community totals 273,768 sf and was constructed in 1999.
The community is 95 percent leased and offers one- and two-bedroom apartments averaging 877 sf.
New York-based Duck Pond Corp. purchased the community from Cardinal Commercial Development.
Tenants have access to a swimming pool, newly renovated fitness center, barbecue and picnic areas, resident lounge with billiards table, cyber cafe and 32-seat movie theater.
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