Huntsville, Texas

Equity raised

Huntsville, Texas Hagshama 2018-07-10T13:25:15+00:00

Project Description

תשקיף חמישי – הגשמה האנטסוויל טקסס 1006 אל פי מחודש מרץ 2018

Building, renting and selling 6 residential buildings with 544 beds in Huntsville, Texas, USA

550 Avenue M, Huntsville, South IH 45, 77320 TX

Year launched

2018

Expected duration

36 months

About the neighborhood

Center map
Traffic
Bicycling
Transit

The university nature of the city, human capital and proximity to Houston, Attracts many young people who raise the demand for housing there. The limited housing supply for students in the city is an attractive investment opportunity for entrepreneurs. The high demand for studies at Sam Houston University in the city increased from 12,355 students in 2000 to 20,934 students in 2017.

Despite the increase in the number of students, between 2012 and 2016, no beds were added, and students are forced to find housing solutions in the city. This demonstrates the business potential of establishing student housing in Huntsville to meet the growing demand for student housing. Today, the housing offered to students on campus includes only 6,100 beds. Outside the campus there are an additional 5,081 beds, of which 384 were added in 2017. That is, as of today, there is a potential for some 10,000 students to be accommodated in the housing units that will be built. During 2018, 502 beds are expected to be offered in the market. In 2019 construction is expected to be completed and will add 544 beds to the market.

Today, occupancy rates in student residences in Huntsville are up in about 95% – 100%.

About the sponsor

The local entrepreneurial company, Haven at M GP, LLC, is a corporation that was established in January 2018, in the state of Texas, USA, by three partners: Guillermo Geffen, Richard Evan and David Kolkarney.

The opportunity

תשקיף חמישי – הגשמה האנטסוויל טקסס 1006 אל פי מחודש מרץ 2018

Building, renting and selling 6 residential buildings with 544 beds in Huntsville, Texas, USA

Other projects by the sponsor

Hagshama 2018-07-10T13:25:15+00:00

Huntsville, Texas

Building, renting and selling 6 residential buildings with 544 beds in Huntsville, Texas, USA 550 Avenue M, Huntsville, South IH 45, 77320 TX 2018 36 months

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