Greater Houston, Texas
A small-bay flex park built for $2.69 million and sold for $3.93 million, returning 305% on invested equity.
Completed
Site data
Small-bay flex leased to contractors and service businesses — the same product type behind Mustang Business Park at Compark.
Images
Project economics
| Total project cost | $2,687,921 |
|---|---|
| Equity | $405,000 |
| Sale price | $3,925,000 |
| Profit | $1,237,079 |
| Return on equity | 305% |
Owned by Vincere Real Estate LLC and managed by Jeff Barbles. Unaudited figures from tax returns and closing statements, available on request. Past performance is not indicative of future results.
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