Trivium at Edgewater (the “Property”) represents an opportunity to invest in a highly occupied, garden-style apartment community located in Houston Metro, the nation’s fifth most populous metropolitan area.
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’s 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.
Bluerock Value Exchange (“BVEX”) 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.
BR Edgewater, DST (the “Trust”) 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.
Number of Units
Total Square Feet
Direct access one and two car garages with individual driveways*
Built-in computer desk*
Black appliances with built-in microwaves*
Loft-like 9-foot ceilings and crown molding
Garden tubs and walk-in closets
Two outdoor resort-style swimming pools with grilling stations
24/7 package access with Amazon hub lockers
24/7 emergency service requests
Online resident portal for payments and service requests
Controlled entry gate
Drive-through mailbox kiosk
2 “tot lot” play areas
Community clubhouse with lounge and WiFi
WiFi computer lounge
* Select units