The Reserve at Woodmill Creek in Houston

Name: Sales in The Reserve at Woodmill Creek started!
Start: 2020-08-04T12:45:29.451305+00:00
End: 2023-12-31T23:59:59+0000
Location: The Reserve at Woodmill Creek

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Project info

Object ID: 8416

Finished at	August 2020
Price, m²	From 1920$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 260.00 m²
Floors	2
Apartments	64
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking 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

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

499,200$

Net profit

9,376$

Payback period

42.5 years

Avg property value increase per year

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About the project

Brought to you by renowned Pelican Builders, the Reserve at Woodmill Creek is a gated community in The Woodlands featuring luxurious 2 and 3 story patio homes. With a range of floor plans and award winning Southern/French architecture, the Reserve at Woodmill Creek will delight its residents with

QUALITY, SOPHISTICATION AND EASE OF LIVING.

Conveniently located 5 minutes from the best of The Woodlands attractions, this new community features a permanent tree lined nature preserve and bird sanctuary at its southern and western boundaries. Trails and pathways leading to the overall Woodmill Creek development will connect the residents at the Reserve to this surrounding forest setting. Pelican Builders invites you to join the Reserve at Woodmill Creek and enjoy your new life of low maintenance living and sophistication!

Developer

With a portfolio that spans over thirty years, our principals are dedicated to making a house a home. We understand the fine balance between…
Details about Pelican Builders Inc