MVP Fund I – Sphere Apartments
224-unit market-rate rental project
Sphere Apartments, a proposed 224-unit market-rate rental project to be located at 2009 Brook Road in the core of Richmond, Virginia. Sphere Apartments will offer 224 units consisting of studio, one- and two-bedroom market-rate apartments within two (2) four-story, elevator served residential buildings.
The unit amenity package at the subject project will include an electric range, refrigerator, dishwasher, garbage disposal, microwave, laminate/tile flooring, window blinds, central air conditioning, washer/dryer appliances and a patio/balcony.
Community amenities will include on-site management, a swimming pool, fitness center, elevator, dog park, resident park and a bike storage and repair room. The cost of all utilities, including general electricity, electric heat, electric hot water, electric cooking, cold water, sewer and trash collection will be the responsibility of the tenant. A surface parking lot with 301 spaces will be available to the residents at no additional charge. In addition, a total of 21 covered parking spaces will be available for $65 per month.