Status: under contract
Principals of BoxDevCo are under contract for the remaining __ acres of land in the New Longview community; the final phases of the amenity-driven, historically charming, undeniably unique New Longview residential subdivision.
Following stabilization of the asset, an out-of-town investor with a 1031 requirement approached the ownership group and submitted an offer to purchase the property.
SALES AND LEASING
For sale and leasing opportunities, please contact Russell at NAI Heartland (email@example.com, 913-890-2015).
Capital for certain portions of the project is provided by private investment vehicles managed by Box Real Estate. For investment inquiries please contact firstname.lastname@example.org.
Cap rate at acquisition: Approximately —%
Cap rate at disposition: Approximately —%
IRR Before Tax: Approximately —%
Equity Multiple: Approximately —x (over 12 months)