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Black Locust Dr

Houston, TX 77088

Updated:
Due Diligence Pending
Equity StructureCommon Equity
Equity Seeking$ 600,000

Higgins Villas 1 & 2 – Houston Townhome Development Opportunity

Total Raise$ 1,350,000
Equity Seeking$ 600,000
Sponsor Co-Investment$ 900,000
Debt Financing$ 1,300,000
Preferred ReturnNegotiable
Profit Split (Investor/Sponsor)Negotiable
Project TypeReal Estate
Hold Period18–24 Months
# of Units8
Building Size (Sq Ft)2,150
# of Stories1
Lot Size Ac / Sq Ft0.05 / 2,150
Entitlement StatusNot Required
Permit StatusPermits Not Required
Estimated Resale Price$ 1,520,000

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Property Location

M
Mando

Broker / Agent

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