About

<b>The</b><b> Berkshire </b>is a multifamily community offering one, two, and three bedroom apartment homes. Constructed in 1971, and located in Beltway 8/I-45 South submarket of SE Houston, the apartment homes feature in-unit washers and dryers (for 2 bedroom units only), private patios and balconies. The proximity to Beltway 8 and I45 South allows easy access to every major submarket with all of the employment, recreational and retail opportunities the city has to offer<b>.  </b>Public schools are Garfield Elementary (next door), Miller Middle School, and Memorial High School, all part of the Pasadena ISD. Per owner, all roofs have been replaced within the past 15 years and the entire property was painted in 2020.  All 7 Boilers/Hot Water Heaters have been replaced over the past 10 years. The interiors have classic cabinet fronts, Formica counter tops (some updated) and a mixture of carpet and either wood flooring or faux wood flooring.  Approximately 65% of the units were updated lightly at a cost of $500 per unit and they get a $35 to $50 per month increase. There is clear upside in continuing an interior rehab!  See CapEx Summary  and Roof Replacement Schedule. Water savings devices and other “Green Energy” items have been implemented.  However, recently the water usage has grown, and the Owner plans to audit all units and systems for leaks. The manager has no knowledge of any flooding at the property. Per owner, a continued effort is being made to comabt the extremely high water & sewer costs. A revisit inspection by SAS Conserve quoted all repairs and replacements will be completed as soon as possible but no later than year end. The scope of work/supplies will include: 7 toilets 87-bathroom aerators 153 shower heads 71 kitchen aerators Clogging issues with bathroom sinks in units 1308 and 2305. Leaking underneath guest bathroom sink in unit 1107 and the back of toilet bowl is broken in unit 2602 and needs to be replaced.