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Landing Meadows,
Houston

5107 East Riverside

Invest in the

the future.

Residential development project planned in 2 phases Total 115 acres with 570 lots

5107 East Riverside

Investment Highlights

Ashton Gray Investments brings to you a one of a kind opportunity to invest in Landing Meadows - Phase-II of a residential development on 50 acres with 230 residential lots in New Caney (Houston, Texas). With huge demand from regional and nationalised developers for finished lots, Phase-II has already been pre- sold with executed contract to Meritage Homes- NYSE- listed developer. Phase-I of the project is nearing completion and all finished lots have been completely sold out to First America Homes & K Hovnanian. With limited availability of raw land, single-family housing within this corridor, extensive connectivity of this project and high yield, the asset makes for a sound investment opportunity.

5107 East Riverside

Location Overview

10%
Cash Yield
18%
Targeted IRR
230
Lots on 50 Acres
18
Months Target Exit
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