HOUSTON, TX - Rockstar Capital has acquired Alvin's Meadow Park Apartments, a garden-style community built in 1984 with 160 units, and 12 two-story buildings. Offering a mix of one, and two-bedroom homes, the community is located in Northeast Brazoria County 25 miles southeast of Houston.
The Rockstar strategy is to build value for residents and investors by making a strong entry into Alvin: Rockstar Capital’s Meadow Park Apartments will be positioned as the premier provider of workforce housing in the area. Rockstar's team will implement innovations in digital marketing, virtual leasing, reputation management and positive online reputation growth as community upgrades are completed.
Rockstar Capital selected Alvin in Brazoria County due to its favorable job market, close proximity to the Gulf Coast Consortium of Community Colleges, planned expansion of local Port of Freeport and access to the fine dining, entertainment and attractions such as the Bayou Wildlife Center and Nolan Ryan Center at Alvin Community College.
“Adding Meadow Park was an easy strategic decision as it adds to our growing presence in Brazoria County, one of Houston's fastest growing submarkets with job growth twice the national average and a limited supply of workforce housing." said Rockstar Capital CEO Robert Martinez. “We continue to look for further opportunities to capitalize even more on our plans for the area."
Rockstar is planning a $1,100,000 renovation including a 100% energy-efficient HVAC replacement, washers and dryers in each home, and modern design features such as quality faux-granite countertops. Additional community upgrades include a new exterior siding, a new community pavilion and bbq area, and upgraded landscaping featuring hearty shrubs and other drought-resistant blooming flowers and plants, local to the Alvin area.
"We're looking forward to building the Rockstar Brand in Alvin, and to building a true connection with the greater Alvin community and our residents at Meadow Park," said Martinez.
About Rockstar Capital Management: Rockstar Capital Management is a superior real estate organization founded in 2011 as an investment and property management company. Ranked #15 on this year’s Houston Business Journal-HBJ Fast 100 List, the company has also earned 15 city, state, and national apartment association awards for excellence since 2011. With nearly 20 apartment communities and over $265 million in multifamily managed assets, Rockstar’s team plans to expand further throughout Texas in 2020.