‚ÄčOFFERING SUMMARY  

                                                                                                        
ADDRESS                                              6916 Miller Road Rowlett TX 75288
COUNTY                                               Dallas
MARKET                                               Rowlett
SUBMARKET                                       North Texas
BUILDING SF                                       17,200
TOTAL HOMES                                   4
LAND SF                                                53,252 SF
YEAR BUILT                                          2018
OWNERSHIP TYPE                             Leasehold

 
FINANCIAL SUMMARY                                                                                                          

OFFERING PRICE                                $4,000,000

PRICE PER KEY                                    N/A
PRICE PSF                                             $232.56
NOI (STABILIZED)                               $403,978
CAP RATE (IN-PLACE)                       N/A
CAP RATE (STABILIZED)                   12.59 %
ADR (STABILIZED)                              $500                                                                
REV PAR (STABILIZED)                     $488




Call Today: +1.2149083444

BAYSIDE REALTY LLC


Bayside Realty LLC owns the land and ready to build four homes for vacationers to rent from all over the world. The property is strategically located in Rowlett Texas a northeastern suburb of Dallas. Lake Ray Hubbard, formerly Forney Lake, is a freshwater reservoir where vacationers can enjoy all the water sports and relaxation one can ask for.

 Each home (including hot tubs) will cost approximately $671,000 to build. Based on the comparable in the area, we estimate the average daily rental per home to be approximately $500. All the homes (which include two master suites) will be fully furnished, utilities and housekeeping will be included in the daily rate.

 Up to 100% Return on your Principle Upon Exit


12% - 14% Return, annually

Dividends paid quarterly

Brand New Construction

3t to 5 Year Term

Minimum Investment $100,000


 We have "earmarked" a substantial reserve for advertising on all the major home rental sites such as; Airbnb, VRBO, HomeAway, etc.Type your paragraph here.