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4719 Reading Rd
Rosenberg, TX 77471
Briarstone Apartments · Multifamily Property For Sale · 96 Units
PROPERTY FACTS
| No. Units | 96 | Building Size | 73,776 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1997 |
| Building Class | C | Parking Ratio | 2.03/1,000 SF |
| Lot Size | 3.74 AC |
| No. Units | 96 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.74 AC |
| Building Size | 73,776 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 1997 |
| Parking Ratio | 2.03/1,000 SF |
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Refrigerator
- Oven
- Carpet
- Wheelchair Accessible (Rooms)
Site Amenities
- Laundry Facilities
About 4719 Reading Rd , Rosenberg, TX 77471
The Briarstone Apartments is a two and three story, garden-style, apartment community located in the Richmond/Rosenberg submarket of Fort Bend County,Texas. The asset was built in 1997. Residents enjoy ample amenities which include: mini-blinds, kitchen pantries, ceiling fans, laundry facilities, patios and balconies and walk-in closets. Per Enriched Data, currently there are no leasing concessions. Very nice looking asset in a strong rental growth market. Small asset, which may have condo conversion potential, especially for seniors. The Richmond/Rosenberg area has exhibited great growth over the past few years. The property appears to maintain good occupancy. There is currently a 5% prepayment penalty on the loan that decreases 1% every year unitl 2022. It is anticipated that a buyer will want to put on a new loan. The Broker feels that adding granite countertops and new cabinet fronts and pulls could enhance the rents.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 48 | - | 585 - 653 |
| 2+2 | 48 | - | 900 - 988 |
PROPERTY TAXES
| Parcel Number | 2735-00-000-0030-901 | Improvements Assessment | $9,491,985 |
| Land Assessment | $359,715 | Total Assessment | $9,851,700 |
PROPERTY TAXES
zoning
| Zoning Code | Y |
| Y |
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