Hamilton Zanze Sells Expansive Villages at Parktown, Marks Milestone in Multifamily Real Estate Success
Hamilton Zanze, a distinguished real estate investment firm from San Francisco, has recently made headlines with the successful sale of the Villages at Parktown, a 309-unit garden-style community situated in Deer Park, Texas. Since the property’s acquisition in May of 2014, Hamilton Zanze has fostered significant growth and value through strategic enhancements and upgrades.
The allure of Villages at Parktown lies in its strategic placement and expansive unit sizes, with some as vast as 1,600 square feet. These attributes have captivated residents and sustained a robust demand in an area where new supply has been scarce. Anthony Ly, senior director of transactions at Hamilton Zanze, underlines the effectiveness of their approach, stating, “We are thrilled with the sale of Villages at Parktown. This community represented a unique opportunity in a limited-supply submarket, and its larger units, including some as spacious as 1,600 square feet, proved highly attractive to residents. By building on that foundation through unit upgrades and the addition of a brand-new clubhouse and pool, we were able to create a better resident experience.”
Positioned at 500 W Pasadena Boulevard, the community’s diverse mix of one to four-bedroom homes has proven to be a substantial draw. Villages at Parktown isn’t just advantageous due to its offering of large living spaces; its location is a valuable asset as well. Approximately 20 miles southeast of Houston and a short distance from Trinity Bay, its proximity to major thoroughfares like Highway 225, Interstate 10, and the Sam Houston Tollway, promotes ease of access to Houston and surrounding regions.
Residents of this pet-friendly property enjoy numerous amenities, including an Olympic-sized swimming pool, fitness center, and dedicated spaces for social gatherings and outdoor activities. The homes themselves reflect modern expectations, with walk-in closets, air conditioning, and other desirable features like wood-style flooring and quartz countertops in select units.
This thriving multifamily community benefits from nearby lifestyle conveniences such as The Battleground Golf Course and historic sites, along with essential grocery stores, underscoring its appeal as a residential choice with lifestyle benefits.
Hamilton Zanze’s sale of the Villages at Parktown marks its ninth disposition in 2025, with the firm’s track record of over $4.5 billion in multifamily property transactions since its inception in 2001 showcasing its enduring impact and commitment to the multifamily apartment industry. Their strategic foresight in fostering desirable living experiences reflects a deep understanding of the market dynamics and a consistent ability to enhance property value over time. This transaction reaffirms the importance of innovation and dedication to creating exceptional living spaces within the multifamily apartment industry.