Master Planned Community

Texas, USA

$15,500,000

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Price$15,500,000

Lot size1365 acres

Overview

Located in Texas, USA, about 25 miles southeast of College Station, 59 miles northwest of Houston and 30 miles west of Lake Conroe, this offering represents an opportunity to acquire a 1365 acre master planned community in the heart of the most rapidly developing area of Texas.

Proposed Development Summary

The subject property has five principal asset groups consisting of: -an 18 hole golf course -300 serviced ready-to-build lots -69 platted serviceable lots with golf course views -1020 acres of serviceable subdivided land -buildings & equipment including five condominium units

Description

This pristine resort community is ideal area for retirement and leisure activities while servicing middle class income families. Anticipated total gross sell out value is over $100,000,000 US Dollars with a net profit of 35%. All road bases are complete, plans are approved, and an 18 hole golf course is fully operational. Please review map link for location, website link for additional pictures and download PDF file for community master plan of the subject property.

Comments

Offering is in U.S. currency. Please contact us for more information including development plans, appraisal report and projected 4 year cash flow.

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Financing	Treat as clear title.

The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by Goodman Commercial.