- Size: 750,000 Phase 1
- Investment minimum: $25,000.00
- ROI: 7-10%
- Term: 5 years / Take out
- IRR: 8.9-10%
- Payout year 2
- Owner Equity $210,000
- Market Value: 5.16 Ac Land Tract
- Site: Chaparral, NM
Location of rural community within 10-30 miles radius of five (5) U.S. Military bases: Ft. Bliss; McGregor Range, Biggs Field; White Sands Missile Range; and Holloman Air Force Base.
Community matches housing demand and identified as a community in need. Pre-leasing via HUD and or Market value to be initiated. Total project to encompass Two (2) Phase development.
Phase 1 is approximately 11,000 sf of livable housing. 10-12 living units (apartments) on one building. Renderings shall be available by middle of June 2018. Project start date: July 2018.
Phase 2 is approximately 11,000 sf of livable housing. 10–12 living units (apartments) on one building. Renderings shall be available upon 75% completion of phase 1.
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