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Kolbe Farms in Houston

Name: Sales in Kolbe Farms started!
Start: 2020-07-23T07:56:44.833672+00:00
End: 2023-12-31T23:59:59+0000
Location: Kolbe Farms

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Project info

Object ID: 8177

Finished at	February 2018
Price, m²	From 2340$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 160.00 m²
Floors	2
Apartments	400
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

374,400$

Net profit

9,376$

Payback period

31.9 years

Avg property value increase per year

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About the project

Inspired by world-renowned architect, Andrés Duany, InTown Homes brings you an Urban Farmhouse community, mixing charm, comfort and modern amenities & finishes.

Located in the heart of Spring Branch on 38 acres of land, Kolbe Farms features homes with front porches and back patios, reminiscent of years past when people enjoyed spending time outside, enjoying family, friends & fun. With over 50 home designs built so far and an estimated 150+ when completed, Kolbe Farms is a truly unique community!

In addition to enjoyng your beautiful new home, you can visit the community lake, hike on the jogging trail, take your dog to the dog park and relax at the pool. Kolbe Farms is a gated community and will have a future 24-hour manned station.

Developer

InTown Homes assembles a visionary team of architects, builders and designers to develop distinct, design-driven communities in vibrant loca…
Details about InTown Homes