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Richmond's Reserve changes hands; due for renovationRichmond's Reserve changes hands; due for renovationhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=153182016-11-30T06:00:00Z2016-11-30T23:00:00Z

​​RICHMOND​ – Reserve at River Park West, a 288-unit multifamily community, has been acquired by Carroll Organization.

I​​t is part of the master-planned community of River Park West bordering the Brazos River, which offers nature trails and greenways.

Amenities include a 4,000-sf resort-style clubhouse with billiards room and wireless internet connection​​.

Business plans for the property includes renovation to both its exterior and interior to take advantage of increasing demand in the market. 

The area surrounding the Reserve is rapidly expanding, with population in a one-mile radius expected to grow by 44 percent from 2015 to 2020, according to the company.​​

Multi-Housing News
Houston-The Woodlands-Sugar Land
Multifamily
https://www.multihousingnews.com/post/carroll-organization-buy-suburban-houston-apartments-plans-renovation/

​​Want more multifamily info? Check out Houston Multifamily Market Research.

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