Property Overview:

  • Size: 3.2 acres
  • Location: 6020 Fuqua, minutes from William P. Hobby Airport
  • MLS: 97222022 (MLS Listing)
  • Valuation: The land is valued at $1.6M; however, our asking price is $1.5M
  • Development Potential: The land can accommodate 40 townhomes and qualifies for a $2M development grant.

Proposal for 6020 Fuqua Property Acquisition and Development

We are pleased to present two investment options for the acquisition or development of the prime property located at 6020 Fuqua, near William P. Hobby Airport. This property offers significant potential due to its strategic location and the current developments in the surrounding area.

Investment Options:

Option 1

Outright Purchase of the Land

  • Purchase Price: $1.5M

6020 Fuqua St, near Hobby Airport

Option1 Benefits:

Immediate Ownership: Take control of a prime property in a rapidly developing area, positioning you at the forefront of its growth and potential.

○ Significant Appreciation Potential: As the surrounding area flourishes, anticipate substantial increases in land value, enhancing your investment’s worth over time.

High Yield ROI Potential: Invest with the expectation of a high return on investment, backed by strategic location and development prospects.

Development Flexibility: Shape the property according to your own vision and timeline, with the freedom to adapt and evolve your plans to maximize returns.

These features collectively create a uniquely advantageous investment opportunity, tailored to achieve ambitious financial and developmental objectives.

Please note, this is a limited time offer as we will be breaking ground soon, underscoring the urgency to act swiftly to secure your investment.

Option1 Key Features:

○ Situated between two new sub-developments and is the only available lot left for residential construction.

○ T-pole is installed, and sewage infrastructure is in place.

○ There is a small pond and one easement for electricity.

○ A consultant can be available to assist with securing the $2M HUD grant and provide consultation on tax incentives for the 77048 area.

For more information register now…

PERFECT VISION 2020

Option 2

Investment in Development with 30% ROI

Minimum Investment: $500,000
Return on Investment: 30% ROI based on the sale price of each unit.

Investment Terms:

○ Payments may be broken into three installments:
■ Initial payment of $250,000
■ Two additional payments of $125,000 each

Option 2 Benefits:

Benefits:

○ Attractive ROI for investors based on the strong demand for residential units in the area.

○ Shared risk and rewards in the development process.

○ Opportunity to capitalize on the growing market and secure a significant return on investment.

○ Terms for dividends payout to be determined based on the start of the project.

Option 2 Key Features:

Development Plan:

○ Construct 40 townhomes on the property.

○ Utilize the $2M development grant to enhance infrastructure and amenities.

○ Townhomes will be sold from $275,000 to $350,000.

○ All lots will be pre-sold.

  • Projected Financials:

○ Estimated Sale Price per Unit: $275,000 to $350,000

○ Total Revenue from Sales: $11,000,000 to $14,000,000 (40 units)

○ ROI Calculation: 30% of total revenue, equating to a substantial return on investment.

For more information register now…

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