Martin Street Grove in Houston

Name: Sales in Martin Street Grove started!
Start: 2020-08-07T08:04:11.791652+00:00
End: 2023-12-31T23:59:59+0000
Location: Martin Street Grove

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Project info

Object ID: 8490

Finished at	December 2020
Price, m²	From 1600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 175.00 m²
Floors	3
Apartments	22
Condition	Black walls
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

280,000$

Net profit

9,376$

Payback period

23.8 years

Avg property value increase per year

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Promos and discounts for Martin Street Grove

About the project

New Development by Award Winning Builder: Legion Custom Home Builders. Gated community of 22 homes, come see these spacious, bright and open floor plans with more than 1,800 square feet of living space. Every bedroom has a private bathroom & an extra half bath for guests. Begin with a 2 car garage, bedroom & full bath, 2nd floor contains your main living/dining area with a large kitchen including an over sized island & your 3rd level welcomes you into your master suite with a bedroom just across the hall. A large walk in closet, master on suite offers a separate walk in shower & tub, double vanity & plenty of counter space to spread out for your morning routine. Utility room is conveniently located on the third level. Top tier stainless appliances in your kitchen with high style finishes throughout your home. Pre sale is available for changes to the selections package. The emerging Independent Heights, easy access to highways 45N & 610W.