Non Disclosure Agreement Las Plazas Apartments boast a prime location with easy access to Interstates 45 and 610, offering convenient travel throughout the state. Just minutes away from top dining, shopping, and entertainment, the property is also located within the highly regarded Pasadena Independent School District. The community offers five spacious floor plans, including one, two, and three-bedroom units. Residents enjoy features like private balconies or patios, ceiling fans, air conditioning and heating, and ceramic tile flooring. Pet-friendly, Las Plazas also includes a dedicated bark park. Additional amenities include gated access, on-site and on-call maintenance, and an on-site laundry facility. Between 2016 and 2019, the property underwent significant renovations and repairs totaling $1,351,681. A new roof is installed in 2025. Additionally, 19,000 sqft of the land will be conveyed with the apartment complex. This property is available for purchase via loan assumption, cash purchase, or a new loan, with approximately five years remaining on a Fannie Mae loan at a 3.35% interest rate, which can be transferred to the buyer. The total outstanding debt is approximately $3.2 million. Unit Mix: 1 Bed / 1 Bath – 44 units 2 Bed / 1 Bath – 32 units 3 Bed / 1 Bath – 2 units 3 Bed / 1.5 Bath – 2 units Financial Details: Approximately:  $3.2M (Fannie Mae, 3.35% interest, ~5 years remaining)    

Exceptional investment! Approved for 14 homes, ideal for rentals, development, or a custom community. Perfect for long-term gains, resale, or personal use. Don’t miss this opportunity! If someone is looking to be an investor on this project the group is willing to do a joint venture. Or if the buyer wants to do the project entirely on their own they can do so. The project ROI is approx 23% and if hold for 3 years the ROI is approx 39%. The development is backed by Kings Builders, a trusted builder with all cost estimations and project plans completed. This is an excellent opportunity for those looking to capitalize on a lucrative residential development. Permits are in place, allowing you to move forward with minimal delays. For detailed feasibility analysis, reach out to The Alam Group today

Exceptional Investment Opportunity: Approved Plat for 15 Homes This prime residential development land offers an approved plat for 15 homes, with all permits already secured, making it an ideal investment for real estate investors and developers. With exceptional ROI and the potential for an approx. 39% ROI if held for 3 years, the property presents significant return potential. Investors can choose a joint venture with Kings Private Equity Group with a minimum investment of $50,000 or pursue full ownership of the project. The development is backed by Kings Builders, a trusted builder with all cost estimations and project plans completed. This is an excellent opportunity for those looking to capitalize on a lucrative residential development. Permits are in place, allowing you to move forward with minimal delays. For detailed feasibility analysis, reach out to The Alam Group today