County Rd 305
Jarrell, TX 76537
Due Diligence Pending
Equity Seeking$ 8,100,000
Equity StructurePreferred Equity
170-Home Attainable Housing Community Development in Jarrell, TX
Total Raise$ 9,000,000
Equity Seeking$ 8,100,000
Sponsor Co-Investment$ 900,000
Debt Financing$ 27,000,000
Preferred Return8%
Profit Split (Investor/Sponsor)70 / 30
Project TypeGround-Up Development
Hold Period2–3 Years
Investment Annual Income$ 648,000
Investment Monthly Income$ 54,000
Lot Size Ac / Sq Ft31.4 / 1,368,000
Zoning / UseResidential
Entitlement StatusIn Process
Permit StatusNot Submitted
Estimated Resale Price$ 41,600,000
Projected Building Size (Sq Ft)220,000
Projected # Units170
Projected # of Stories2
Projected Parking Spaces340
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Property Location
JJohn K.
Authorized Representative