SkyHouse Main in Houston

Name: SkyHouse Main
Brand: Novare Group
SKU: 8078
Availability: InStock

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Project info

Object ID: 8078

Finished at	December 2016
Price, m²	From 1500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 57.00 m²
Floors	23
Apartments	338
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Pool Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

85,500$

Net profit

7,229$

Payback period

9.0 years

Avg property value increase per year

Open ROI calculator

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About the project

SkyHouse® Main provides a hub for contemporary living. It’s the perfect address for those seeking a modern, luxury, high-rise residence in a thriving metropolitan community. SkyHouse® Main is now leasing sophisticated studio, one, and two-bedroom homes, as well as two-bedroom homes with dens. The Main Street Corridor is downtown Houston’s most dynamic business destination, with St. Joseph’s Medical Center, Discovery Green, Minute Maid Park—and a myriad of entertainment and sporting destinations—just a short ride away.