LANDING MEADOWS NEW CANEY, HOUSTON
Investment starts at
INR 10 LAKHS !
Ashton Gray Investments brings to you a one of a kind opportunity to invest in Landing Meadows - Phase-II of a residential development on 50 acres with 230 residential lots in New Caney (Houston, Texas).
With huge demand from regional and nationalised developers for finished lots, Phase-II has already been presold with executed contract to Meritage Homes- NYSE listed developer. Phase-I of the project is nearing completion and all finished lots have been completely sold out to First America Homes & K Hovnanian. With limited availability of raw land, single-family housing within this corridor, extensive connectivity of this project and high yield, the asset makes for a sound investment opportunity.
10% Cash Yield (Fixed Monthly / Quarterly payouts)
18% Targeted IRR (8% Annualized Equity Premium at the time of exit)
230 Lots Being Developed on 50 Acres of Masterplan development. Entire phase-II is pre-sold to meritage homes.
18 Months target exit