Our Development Projects
Pecan Falls Apartments
Pecan Falls is a new 330 unit apartment development located in fast growing Seguin, Texas. Pecan Falls boasts easy access to nearby schools, shopping, and Highway I-10. Consisting of eleven buildings, open space, community amenities, and a six acre wet detention pond, Pecan Falls is just 10 minutes from New Braunfels and 30 minutes from downtown San Antonio and is poised to take advantage of the massive growth in the area.
Oak
Haven
Oak Haven is a new subdivision located just outside the rapidly expanding city of Temple, Texas. Oak Haven consists of 50 1+ acre parcels complete with new roads and public utilities. Anchored by the Baylor Scott & White medical center and the robust job market in Temple, the Oak Haven area has seen a massive increase in demand for new homes both by retail buyers and by builders looking to develop custom & spec homes.
Berry Creek Townhomes
Berry Creek Townhomes is a 110 unit townhome development located in the rapidly expanding Berry Creek neighborhood of Georgetown Texas, currently the #1 fastest growing city in the US. The Berry Creek Townhomes will be spacious two story units finished in a contemporary style and will fill a valuable need in the market for median priced homes that can bridge the gap between apartments and more spacious single family homes.
Parkside Townhomes
Parkside Townhomes is a ground up new construction condominium community located in fast growing Taylor, Texas. This development is comprised of 81 spacious townhouse style units, as well as common amenities. Located within walking distance of downtown and the local hospital, and abutting the popular Bull Branch Park, this community is poised to take advantage of the tremendous population and job growth in the north Austin area.
Richter's
Ranch
Richter's Ranch is a 115 lot subdivision in the exclusive Horseshoe Bay community. Located directly across from the world renowned Horseshoe Bay Resort in the beautiful Texas Hill Country, this property benefits from low inventory and its stellar location in an exclusive luxury market. The amenities offered by the Horseshoe Bay community make the area a go-to destination for high net worth individuals.
Springside Estates
Springside Estates is a 107 unit subdivision located in Burnet, Texas. nestled within the award winning Delaware Springs golf course in the beautiful Texas Hill Country, this property is perfectly poised to take advantage of the explosive growth in Central Texas. This property is well located and benefits from a steady level of growth, low inventory, and an influx of new residents to the area.
Our Existing Asset Portfolio
The Aliso
The Aliso is a 176 unit multifamily property located in a fast growing submarket of San Antonio. Purchased as an underperforming asset with tremendous upside potential, we are in the process of implementing new management systems and fixing deferred maintenance items. We project that with these changes we'll be able to successfully capitalize on the potential of this property and create tremendous upside and profit for our investors. This project was co-sponsored under Sumners Capital.
Devine Estates Mobile Home Park
Devine Estates Mobile Home Park is a mobile home and RV park located in Devine, Texas. This community is close to San Antonio and benefits from proximity to the city. This property was bought as an underperforming asset with excellent upside potential. We are in the process of optimizing operations and reducing expenses which is expected to lead to a significant boost in Net Operating Income, property valuation, and most importantly an excellent return for our investors.
Oasis RV Park
Oasis RV Park is located in Nixon, Texas. Nixon is a historically underserved community and it is our goal to improve this property to its fullest potential. After several years of mismanagement the property had fallen to a low occupancy and gained a bad reputation in the community, we are actively working to reverse this trend and bring the property back to the condition it was in previously by improving and cleaning up the park and bringing in more tenants that are interested in being part of a safe community.
463 Estates Mobile Home Park
463 Estates Mobile Home Park is a 10 acre mobile home community located in Devine, Texas. large lot sizes and proximity to San Antonio, the 7th largest city in the country make this property an attractive home for it's residents. Given the stable nature of mobile homes and the low turnover among residents, this property is a low risk, high cash flow asset for our investors.
Quail Ridge RV Park
Quail Ridge RV Park is an RV park located in Stockdale, Texas. This community benefits from it's proximity to surrounding oilfields and refineries. This property was bought as an underperforming asset with excellent upside potential. We are in the process of a full property turnaround which should lead to a significant boost in Net Operating Income, property valuation, and most importantly an excellent return for our investors.
Englehart Mobile Home Community
Englehart Estates Mobile Home Community is a 12 acre mobile home community located in San Antonio, Texas. Each home is located on an oversize lot and the park is only a short commute from downtown. Residents enjoy the proximity to jobs and the space, a rarity in a large city like San Antonio. This asset has no vacancy and long term residents making it a low risk, high cash flow asset for our investors.
Vista RV Park
Vista RV Park is an RV park located in Floresville, Texas. Floresville is a fast growing suburb of San Antonio and has seen a recent influx of jobs. This property was 25% occupied when we purchased and excellent upside potential. Since taking over we've improved and cleaned up the property and are currently working on leasing all vacant spaces. In a short time we've pushed occupancy to 75% with a target of 100% within 6 months of purchase.
Projects We've Managed
Glenwood Apartments
Glenwood Apartments is a mixed use development located in exploding Leander, Texas. Consisting of 84 apartment units and 10,000 sqft of retail commercial space, this development is positioned to help fill the gap in affordable apartment units in Leander. Located just minutes from major employers, and a short commute to downtown Austin, this community will be able to take full advantage of the growth in the Austin metro. Our role in this project consisted of development management, project management, and asset management.
Aspen Meadows
Aspen meadows is a 261 unit apartment complex located in Hopkinsville, Kentucky. A classic value add play, this community was purchased as an underperforming asset. Our role in this project was as Asset Manager during which we enacted a plan to renovate units and increase rents which has led to solid cashflow for the owners.
Horseshoe Apartments
Horseshoe Apartments is a multifamily development located in fast growing Leander, Texas. Nestled just off major thoroughfares and just minutes from North Austin's major employers, this development consists of 50 apartment units. With Leander experiencing a lack of affordable apartment units right now, this project is positioned to produce solid returns for our investors. Our role in this project consisted of development management, project management, and asset management.
Creekside Modern
Creekside Modern is a 40 unit duplex community located in Austin, Texas. A classic value add play, this community was purchased as an underperforming asset with drastically under market rents. Our role in this project was as Property Manager and Asset Manager. Under our management we enacted an aggressive plan to renovate units, increase rents to market rate, and improve safety for residents in the community through increased security measures and calculated property improvements.
The 88
The 88 is a mixed use commercial high rise facility located in San Jose, CA. At 27 stories, The 88 is the tallest building in the city of San Jose and contains 197 condominium units, 6 floors of parking and 8 ground floor commercial units. Our role in this facility was as part of the building engineering team. We executed a full building turnaround of this facility taking it from an underperforming asset with excessive levels of deferred maintenance to one of the top performing facilities in the city. In fact, as a result of our exceptional management, the SJFD now use this facility as their model of stellar performance in operations and safety when training new fire captains