Greater Houston, Texas
A multi-tenant retail center taken from raw dirt to a $14.18 million sale in under two years.
Completed
Site data
Bought in February 2015, built, leased, and sold in December 2016 — twenty-two months from purchase to closing.
Images
Project economics
| Total project cost | $10,389,165 |
|---|---|
| Equity | $2,525,000 |
| Sale price | $14,180,000 |
| Profit | $3,790,835 |
| Return on equity | 150% |
Developed under Lone Star Partners with Jeff Barbles as a managing partner. Unaudited figures from tax returns and closing statements, available on request. Past performance is not indicative of future results.
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