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Chapel Heights - Urban Villas Collection in Houston

Name: Sales in Chapel Heights - Urban Villas Collection started!
Start: 2020-08-06T07:34:03.423429+00:00
End: 2023-12-31T23:59:59+0000
Location: Chapel Heights - Urban Villas Collection

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Project info

Object ID: 8453

Finished at	December 2020
Price, m²	From 1980$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 165.00 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$
Free consultation	Ask a question

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

326,700$

Net profit

9,376$

Payback period

27.8 years

Avg property value increase per year

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About the project

Lennar builds the unique and exciting Urban Villas Collection in Chapel Heights. These fantastic villa homes offer residents home ownership on a smaller plateau with two beautiful Everything's Included® floor plans to choose from. These homes are perfectly suited for all family sizes and offer new home buyers a perfect blend of unique and versatile amenities in a charming neighborhood setting. You will simply love the included amenities in the Urban Villas Collection such as loft spaces, island kitchens, and spacious master suites.

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 Chapel Heights today!