Brooks Manor, TX


Under Renovation to be completed in 2018

Brooks Manor is a senior housing community located in 55 miles southwest of Houston, TX. It is within walking distance to the West Columbia Business District.

Property Features

Features one-bedroom apartment homes in 11, one-story walk-up, garden style apartments on five acres. All units are receiving interior upgrades including updated kitchens with energy efficient appliances, new bathrooms with new vanities, tub surrounds and fixtures, energy efficient lighting fixtures, as well as upgraded plumbing and electrical, paint and flooring. The complex will receive upgraded community room with kitchen and computer niche; and upgraded laundry facility.

Renovations

Brooks Manor will receive over $37,000 per unit in hard cost rehabilitation as part of Steele Properties’ acquisition. The scope of renovation encompasses both extensive exterior and interior work.  Important building improvements include new roofs, HVAC systems, plumbing and electrical upgrades.  Project amenities include a renovated community building, including new computer niche as well as accessibility improvements in parking and common areas.

Financial Partners

Texas Department of Housing and Community Affairs; Texas State Affordable Housing Corporation; HUD, Fannie Mae; PNC Bank; Stifel, Nicolaus & Company

Property Stats

Units: 50

Age: 1981; undergoing renovations to be completed in late 2018