Your SlideShare is downloading. ×
Revised Bastrop Presentation
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Revised Bastrop Presentation

433
views

Published on

Updated presentation on Bastrop affordable housing investment opportunity

Updated presentation on Bastrop affordable housing investment opportunity

Published in: Business, Economy & Finance

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
433
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
4
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. Pegasus General Contractors, Inc.
    Bastrop Housing Investment Opportunity
  • 2. Where is Bastrop?
    Located 20 miles due East of Austin.
    20 minutes from Austin Bergstrom Int’l airport
    2nd oldest incorporated town in Texas
  • 3. What does Bastrop offer?
    Golfing
    State Parks
    Boating, fishing, hiking trails
    Shopping
    Sports
    Schools
  • 4. Bastrop Fun Facts
    Bastrop County is one of the fastest growing counties, both in Texas and in the nation. Projections show the County population at 258,738 by 2040.
    Bastrop is the second oldest town in Texas - first settled in 1804, officially established in 1832, and incorporated in 1837.
    Nearly 140 Bastrop buildings and sites are officially listed in the National Register of Historic Places, earning the city the title of "Most Historic Small Town in Texas."
  • 5. What is new for Bastrop?
    CVS
    Holiday Inn
    Comfort Inn
    Carl’s Jr.
    Lowe’s
    Specs
    Best Buy
    Lakeside Medical Center
    Residential Construction
  • 6. Major Employers for Bastrop
    Walmart
    H-E-B
    Lowe’s
    Home Depot
    Hyatt Regency Lost Pines Resort
    County of Bastrop
    Correctional Facility
    Bastrop ISD (Schools)
  • 7. Our clients
    Service industry employees
    Low-moderate income
    FHA first time home buyers
    Renter conversions
    Move-ups
    Trade downs
    Retirees
    Our primary customer generally qualifies for the
    $8,000 first time home buyer tax credit.
  • 8. Population and Income Trend
    Insight Research Corporation
  • 9. Our product
    Our most popular product is a 3/2 - 1300 square foot manufactured home on approximately ½ acre of land in or around Bastrop. These homes will sell for approximately $100,000 retail.
  • 10. The Pegasus Advantage
    Turn key land home packages to our retail clients, including financing, site improvements, land selection, and custom home design and ordering.
    Everything is included, retail clients can enjoy the ease of one-stop-shopping, which is not available at other housing retailers.
    The Pegasus Team has a 30+ year combined experience executing manufactured housing sales, real estate transactions, mortgage services, general contracting and land development.
  • 11. Marketing Objectives
    Continue to purchase land
    Increase local signage in targeted neighborhoods
    Direct marketing campaign(s)
    First Time Home Buyer seminars
    Continue to broaden retail lender network
    Projected sales center by end of 2010, first quarter 2011
    Explore areas around Austin for potential growth
  • 12. Exit Strategy: Retail Financing
    Our land home packages are FHA qualified, which means buyers can get a standard FHA loan through;
    Manufactured Housing Specialized Lenders
    21st Mortgage Corp
    Cascade Financial
    Local Banks:
    First Nat’l Bank of Bastrop
    Franklin Bank
    National Banks:
    Wells Fargo
    Chase
    Wachovia
  • 13. Investment Opportunity
    $50,000 investment;
    Lien holder on title to $100k improved property.
    $5,000 profit per sold and closed unit
    Anticipated 6 month construction through sale
    Approximate 20% annual return on your money
    30% projected return, when Pegasus has a better market share*
  • 14. The Breakdown of Sales Price
  • 15. Distribution of Funds after Closing
    *Pegasus is responsible for sales commissions and advertising