Fulton Station - Urban Villas in Houston

Name: Sales in Fulton Station - Urban Villas started!
Start: 2020-08-06T07:02:23.097332+00:00
End: 2023-12-31T23:59:59+0000
Location: Fulton Station - Urban Villas

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Project info

Object ID: 8450

Finished at	December 2018
Price, m²	From 2300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 130.00 m²
Floors	2
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

299,000$

Net profit

9,376$

Payback period

25.4 years

Avg property value increase per year

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About the project

Lennar now builds the exciting new Urban Villas Collection in Fulton Station! These beautiful and affordable villa homes by Lennar offer residents home ownership on a smaller plateau with two beautiful Everything's Included® floor plan designs to choose from that are designed to accommodate all family sizes. With design features that offer new home buyers a perfect blend of unique and versatile design elements such as a large open island kitchen, a spacious family room, loft space, a generous master suite, and home sites that feature a backyard and a driveway, traditional amenities that are typically uncommon to urban densities.

From the perfect in-town location, to the abundant local amenities that are right in the heart of Houston, these unique, centrally located new homes for sale by Lennar offer everything you’ve been dreaming of in a new home, plus the excitement of a variety of fantastic things to do and see in Houston and unbeatable convenience to everything you need to fit your lifestyle! Discover your new Everything's Included® dream home with Lennar at Fulton Station today!