Greater Houston, Texas

Shadow Creek

A retail center built on $601,245 of equity and sold for $6.3 million less than two years after purchase.

Shadow Creek Completed

Site data

Asset type
Multi-tenant retail
Total project cost
$5,127,210
Sale price
$6,300,000
Profit
$1,172,790
Return on equity
195%
Held
Oct 2013 – Aug 2015

A tight equity check against a $5.1 million project cost — the structure is what produced the 195% return, not the sale price.

Images

Project economics

By the numbers

Total project cost$5,127,210
Equity$601,245
Sale price$6,300,000
Profit$1,172,790
Return on equity195%

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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