xhv8mzw7ge79waga35o97s2wbzpfr6 Starwood Farms - Fourplex Investment | Cypress, Texas | FIG

Starwood Farms

- Cypress, TX -

Project Details

NOI/Month:
NOI/Annual:
Cash Flow/month:
Cash Flow/year:
Cap Rate:
10 YR IRR:

$3,947
$47,364
$1,024
$12,288
7.0%
13.7%

(includes vacancy, expenses and property management fees)

Northwest Houston continues to be one of the fastest-growing areas not only in Houston, but in the country. With the completion of the Grand Parkway Tollway (highway 99), growth is accelerating. Exxon Mobil, Baker Hughes, and a host of other companies have poured into the area.  In the long-term, Northwest Houston is poised to benefit from many of the factors that led to the strong growth earlier this cycle: People want to be in North Houston for the schools, jobs, affordability, and quality of life.  This isn't likely to change anytime soon. In the near term, a slowdown in multi-family construction should allow fundamentals to tighten and vacancies to lower.  Oil also being consistently above the $60/barrel level has been good for Houston, with jobs and people returning.  However, Houston is now quite diverse in employment and does not depend exclusively on oil.  Job growth in services, medical, and transportation (just to name a few) has been substantial.  FIG Starwood Farms is poised to profit in Northwest Houston's path of progress.

Contact Steve Olson or Jon Metcalf for Project Inquiries

Steve Olson  801.362.3392  solson@fig.us

Jon M  281.705.5633  jon@fig.us

Starwood Farms Documentation

Photos & Renderings

Multifamily Real Estate at Starwood Farms in Cypress, Texas

295 W Center St, Suite A

Provo, UT 84601

(801) 758-8970

(Brokered by RE/MAX Equity & partners)

CONTACT US

FIG DISCLAIMER: No investments are guaranteed to result in profits. Net operating income, cap rates, and internal rates of return are subject to fluctuation and may experience a wide range of change, including the potential for operating losses. Factors affecting investment returns include, without limitation, changes in interest rates, tenant vacancies and defaults, property management expenses, repair and maintenance costs, HOA expenses, litigation, insurance rates, and relative strength and weakness in the local and regional economy. Past performance is not a guarantee of future returns. FIG does not provide tax or legal advice, and none of the statements or information on our website or sales materials should be construed as tax or legal advice. All investors are encouraged to seek advice from their own tax and legal professionals. All estimated returns on investments in FIG projects are subject to change and may be significantly different from actual financial performance. FIG is a brand used for the purposes of marketing. FIG is not an actual company but is used to brand the investment strategy used by those marketed on this website. © 2020 FIG & RE/MAX Equity