Momentum Multifamily Closes On New 184-Unit Acquisition
“Colliers has announced the sale of Fountains of Rosenberg at 3419 Fountains Drive in Rosenberg, TX. The buyer was Momentum Multifamily. The seller, Mosaic Fountains LP., was represented by Chip Nash , Bob Heard and Jaleel Adatia of Colliers.
The property is a premiere community with 184 units and 167,608 square feet. The community features a resort-style pool with a luxurious sundeck, state of the art fitness center and has had recent renovations. Designer two-tone paint, stainless steel appliances and stately two-inch blinds with light fixture upgrades make this an ideal investment property for long-term profit.”
“We are very pleased to add The Henry at Rosenberg (formerly Fountains of Rosenberg) to our portfolio. We cannot thank Chip Nash & Bob Heard at Colliers enough for showing us the opportunity along with Cutt Ableson at Berkadia for placing our financing during turbulent capital markets. Mosaic was great to work with and overall, the transaction was very smooth during challenging economic circumstances.”
