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HOUSTON DEVELOPMENT OPPORTUNITY
Stella & Braes
Thank you for your interest in our development opportunity located in The Braes Heights neighborhood of Houston, TX.
Offering...
- Premier Location in Houston in a growing white collar neighborhood with an average home value of $577,000 and an average household income of $106,000.
- Population within 5 mile radius grew 12% or 50,950 in the last 12 years.
- Significant barriers to entry. New supply has been limited due to the lack of land availability which is mostly covered by single family luxury homes.
- Project IRR 12.79% | 10 Year
- Project Equity Multiple 2.67x | 10 Year