Friday, March 14, 2008

Investment Opportunities

Looking for Investors to Invest in Duplex Development in Southwest area. This is a great opportunity for you to invest in the predevelopment phase of this development. The project will include 35 duplexes. Each investment will include two duplexes that are townhouse style. The development will be convenient to shopping and dining. As part of this family friendly community, there will be a playground for children and community swimming pool and maintained grounds (Contingent upon development).

Property Information
Type: 2 Units
Asking Price: Starting at $169,000
Appreciation Rate: 1.6% (2005-2006)
Property Tax Rate: 2-3%
City: Houston TX
Number of Units: 2 per investment price
Bedrooms: (Per Unit) 3
Bathrooms:(Per Unit) 2.5
Sq Footage:(Per Unit) 1100
Stories: 1 and 2 Story Units

Year Built: 2008 *New Construction
HOA Fees: $35-50 per month per unit

Additional Property Information:
· Seller contribution towards closing cost.
· Property management package
· Investor ready package

Investor Ready Package Includes:
Refrigerator, stove, washer, dryer, blinds, microwave, garage door openers.... Can you say TURN KEY?!

Initial Out of Pocket:
* $500.00 Reservation Fee
* $2500 Earnest Money deposit due at contract

Current Rents In Area:
$950 - $1100 per unit

For more information, Email me at Lsells@swbell.net.

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