The Henry at Rosenberg

3419 Fountains Dr, Rosenberg, TX 77471

In collaboration with Momentum Multifamily, we acquired The Henry at Rosenberg - a magnificent Class A apartment complex located in the flourishing Houston suburb of Rosenberg, TX. Comprising of 184 one, two and three-bedroom homes within a two-story garden-style community, The Henry at Rosenberg was originally constructed in 2003. The living spaces feature contemporary amenities such as stainless steel appliances, granite countertops, vinyl flooring, and modern lighting. Momentum intends to improve the units' aesthetics through a home interior upgrade program.

184 Unit Institutional-Quality Value-Add

Constructed in 2003

184 units

1, 2 & 3 bedroom floorplans

Acquired in 2022

Community Amenities

Package Service

Wi-Fi at Pool and Clubhouse

Laundry Facilities

Controlled Access

24 Hour Availability

Trash Pickup - Door to Door

Renters Insurance Program

Business Center

Clubhouse

Storage Space

Fitness Center

Resort Style Pool

Concept Creation

High-Speed Internet Access

Wi-Fi

In Unit Washer & Dryer

Washer/Dryer Hookup

Air Conditioning

Heating

Ceiling Fans

Cable Ready

Storage Units

Tub/Shower

Value-Add Strategy

The plan for this asset involves implementing a Value-Add strategy, which entails upgrading the amenities, renovating the clubhouse, rebranding the property, and improving the units themselves.

Houston MSA

The Houston multifamily market is among the most robust in the nation, and upscale Class A- properties like this one are generally well-positioned to weather economic downturns.

Located at 3419 Fountains Dr, approximately 20 miles southwest of Downtown Houston, the property offers residents convenient access to nearby parks, recreational areas, dining, and entertainment options.

Investment Details
Formally Known As	Formerly Fountains of Rosenberg
Unit Count	184
Class	A-
Acquisition Date	12/09/2022
Invested Capital	$10,000,000
Loan	3+1+1 Capped Adjustable
Deal Structure	506(B) Syndication
Unit Mix	184 one, two & three-bedroom
Projected Hold	5 Years