{"id":8674,"date":"2022-06-08T21:18:22","date_gmt":"2022-06-08T21:18:22","guid":{"rendered":"https:\/\/bluerock.com\/bluerock-value-exchange\/?post_type=portfolio_page&p=8674"},"modified":"2022-06-08T21:19:58","modified_gmt":"2022-06-08T21:19:58","slug":"edgewater","status":"publish","type":"portfolio_page","link":"https:\/\/bluerock.com\/bluerock-value-exchange\/portfolio_page\/edgewater\/","title":{"rendered":"Edgewater"},"content":{"rendered":"

[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”grid” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” padding_top=”60″ padding_bottom=”80″ z_index=””][vc_column][vc_row_inner row_type=”row” type=”grid” text_align=”center” css_animation=”” padding_bottom=”40″][vc_column_inner][vc_column_text]<\/p>\n

BR Edgewater, DST<\/h1>\n

200 Water Street \u2022 Webster, TX 77598<\/h6>\n

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\n \"\"\n <\/div>\n<\/div>[\/vc_column_inner][vc_column_inner width=”1\/2″][vc_column_text]Trivium at Edgewater <\/b>(the \u201cProperty\u201d) represents an opportunity to invest in a highly occupied, garden-style apartment community located in Houston Metro, the nation\u2019s fifth most populous metropolitan area.<\/p>\n
Well Located \u201cAffordable Luxury\u201d, Highly Occupied Community with Value-Add Potential\u00a0<\/span><\/h6>\n

The Property is well located in Webster, Texas near the Webster healthcare corridor and Johnson Space Center along Interstate 45 approximately 25 miles southwest of downtown Houston. The Property\u2019s immediate vicinity includes five major hospitals staffing more than 7,100 medical professionals and approximately 1.8 million square feet of essential retail and dining destinations.<\/p>\n

Bluerock Value Exchange (\u201cBVEX\u201d) seeks to target premier exchange properties with value creation potential. BVEX believes the Property is primed for rent growth and additional value creation due to its high occupancy and planned common area and unit renovation opportunity. The planned interior unit renovations encompass approximately 130 units across multiple floor plans and unit sizes and is expected to enable to Property to attract a wider range of tenants including those seeking high-end unit features at a higher price point from the renovated units and tenants seeking value in the existing classic units.<\/p>\n

BR Edgewater, DST <\/b>(the \u201cTrust\u201d) seeks to provide attractive monthly cash flow distributions and Property value appreciation as a result of economic growth and limited apartment supply in Webster, Texas.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” background_color=”#7bafd4″ padding_top=”60″ padding_bottom=”20″ z_index=””][vc_column][vc_row_inner row_type=”row” type=”grid” text_align=”left” css_animation=””][vc_column_inner width=”1\/3″ css=”.vc_custom_1531837137629{margin-bottom: 40px !important;}”]

2008<\/span><\/span>

Year Built<\/p><\/div>[\/vc_column_inner][vc_column_inner width=”1\/3″ css=”.vc_custom_1531837141509{margin-bottom: 40px !important;}”]

414<\/span><\/span>

Number of Units<\/p><\/div>[\/vc_column_inner][vc_column_inner width=”1\/3″ css=”.vc_custom_1531837145439{margin-bottom: 40px !important;}”]

439,242<\/span><\/span>

Total Square Feet<\/p><\/div>[\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”grid” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” padding_top=”60″ padding_bottom=”20″ z_index=””][vc_column width=”1\/2″ css=”.vc_custom_1531951849837{margin-bottom: 40px !important;}”]

  • Community Amenities<\/h4><\/div><\/div><\/li>
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    Direct access one and two car garages with individual driveways*<\/p>\n

    Private entryways*<\/p>\n

    Built-in computer desk*<\/p>\n

    Black appliances with built-in microwaves*<\/p>\n

    Custom cabinetry<\/p>\n

    Loft-like 9-foot ceilings and crown molding<\/p>\n

    Garden tubs and walk-in closets<\/p>\n

    Full-size washer\/dryer<\/p>\n

    Private balcony*<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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    • Unit Amenities<\/h4><\/div><\/div><\/li>
    • [vc_separator type=’small’ position=’center’ color=” thickness=” up=” down=”]<\/p>\n
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      Two outdoor resort-style swimming pools with grilling stations<\/p>\n

      Fitness center<\/p>\n

      24\/7 package access with Amazon hub lockers<\/p>\n

      24\/7 emergency service requests<\/p>\n

      Online resident portal for payments and service requests<\/p>\n

      Controlled entry gate<\/p>\n

      Coffee shop<\/p>\n

      Drive-through mailbox kiosk<\/p>\n

      2 “tot lot” play areas<\/p>\n

      Community clubhouse with lounge and WiFi<\/p>\n

      WiFi computer lounge<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

      <\/li><\/ul><\/div>[\/vc_column][\/vc_row][vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”grid” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” z_index=”” padding_bottom=”60″][vc_column][vc_column_text]* Select units<\/em>[\/vc_column_text][\/vc_column][\/vc_row][vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” padding_bottom=”20″ z_index=””][vc_column]

      <\/div>
      <\/div><\/div>[\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

      [vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”grid” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” padding_top=”60″ padding_bottom=”80″ z_index=””][vc_column][vc_row_inner row_type=”row” type=”grid” text_align=”center” css_animation=”” padding_bottom=”40″][vc_column_inner][vc_column_text] BR Edgewater, DST 200 Water Street \u2022 Webster, TX 77598 [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner row_type=”row” type=”grid” text_align=”left” css_animation=””][vc_column_inner width=”1\/2″][\/vc_column_inner][vc_column_inner width=”1\/2″][vc_column_text]Trivium at Edgewater (the \u201cProperty\u201d) represents an opportunity to invest in a highly…<\/p>\n","protected":false},"author":2,"featured_media":8686,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","portfolio_category":[],"portfolio_tag":[],"class_list":["post-8674","portfolio_page","type-portfolio_page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"\nEdgewater - 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