NEAL BAWA
Grocapitus
ANNA MYERS
Grocapitus
JON BURSEY
Urbanist
LUKE MARVEL
Urbanist
This Fourplex Buying Opportunity is Sold Out
The perfect investment for busy tech and medical professionals, we do ALL the work!
Enjoy tax-advantaged passive income in a soaring asset class
Receive higher returns investing in a hard asset (without wild swings like stocks or crypto)
Experienced, data-driven team and 3rd party validation
Your fourplex will be delivered fully leased with property management included to start generating passive returns from Day-One! Our unique rental cashflow guarantee – all of the apartments will be leased (100% occupancy) prior to closing as part of this exceptional property investment offering.
Projected Returns
3.3x
Equity Multiple
$129K
Annual Gross Rent
6.1%
Net Cash-on-Cash
22.7%
Annualized Return
9.7%
Annualized Gross Rent Yield
Take A Tour Of This Stunning Project
Park Lane Houston is a collection of riverfront and park-frontage, branded, designer multifamily residences, in the heart of one of Houston’s fastest urban growth corridors. These exceptional health & wellness focused luxury apartments are only 5 minutes south-east of Houston’s vibrant EADO, midtown and city center.
Top Reasons To Learn More About This Unique Class-A+ Rental Property Investment
Receive positive cash flow and 100% occupancy from day one.
Institutional-grade, "best in class" HOA & Property Management firm.
State-of-the-art anti-COVID technology. Purified air & water. 10% potential rental premium!
Exceptional proximity to: New UH Medical Campus, Texas Medical Center, Downtown Houston
Competitive advantage over alternative apartments, 31% potential resale premium.
Big increase in demand from both tenants and future buyers = potential increase in cashflow and exit price.
Up to ~$235K BONUS DEPRECIATION in year one against all passive income (and active income for real estate professionals).
Impressive $72,000 discount (0.25% Cap Rate) compared to market for Grocapitus clients.
Painless loan pre-approval working with the #1 fourplex lender in the U.S.
Average small multifamily is 60 years. New build significantly reduces maintenance and tremendously increases tenant desirability.
Watch the investor presentation and discover for yourself why Park Lane is the perfect multi-flex rental property investment in a COVID-19 world.
Real Estate Is In A Massive Boom
Historically low interest rates, which are currently near zero, may be needed for several years according to the Federal Reserve Board. The low interest rates and the severe shortage of housing are just two of the primary factors fueling a tremendous real estate boom, which is likely to substantially increase prices for quality real estate over the next 3 to 5 years. Here are a few recent headlines and statements by trusted sources:
Not enough homeowners are selling and homes are not being built fast enough to meet demand, creating a severe shortage of housing inventory.
Inspirational image. Subject to change.
Why Purchase Blue Chip Multifamily Investments In Houston?
Park Lane’s personality is characterized by the pulsating, eclectic captivation of inner-city Houston by creating a first-class community for sophisticated residents who are drawn to the city’s ambience and culture. Houston, known as the Bayou City, was recently voted “U.S. most liveable city”, and is notably the 2nd greenest city in America. Park Lane’s vision is to complement this reputation.
Houston ranks #2 in the nation in overall population growth 2010-2020, with Greater Houston’s population predicted to surpass 10 million by the year 2040. Building on this extraordinary growth rate, an investment in centrally located Park Lane should enjoy strong future demand and price growth.
If Houston were a country, it would be the world’s “26th largest economy”.
Houston ranked #1 in job growth in 2018, and is blessed with a wealth of world class and internationally recognized retail, dining and cultural pleasures.
Here are some awards and accolades that highlight why we are “hot for Houston”
#1 Fastest-Growing City In America (Bisnow, 2018)
#3 U.S. Best Places To Live (24/7 Wall Street, 2019)
#1 Best Market to Purchase MF Assets (Ten-X, 2019)
#1 U.S. Best Cities for Millennials (The Langston Co., 2019)
And did you know Houston was one of the least affected cities during the last recession of 2008? Its property prices were some of the most stable in the nation while many other large city real estate prices crashed. In fact, Houston has been one of America’s best long-term real estate investments over the last decade.
Park Lane Houston
There is a plethora of mega-employers, downtown, and universities within a 5-10 minute drive that are a perfect fit for our new boutique 56-unit offering, many with large university expansions underway, coinciding with delivery of Park Lane:
University of Houston $1 Billion expansion including new $100 Million College of Medicine & $90 Million Law Center
Neighborhood real estate appreciated a whopping 72.94% over the last 10 years and 144.5% since 2000. The area outperformed the notably strong Houston appreciation, a major feat.
Park Lane Houston will have mega-appeal to a wide range of renters including medical staff, patients, and families; undergrad and grad students; graduates; research fellows; teachers; university employees; professionals working downtown; service providers; etc.
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Texas Medical Center $1.5B Expansion
World's largest medical center
World's largest children's hospital
World's best & largest cancer hospital (MD Anderson Cancer Center)
The expansion adds 1.5M sq. ft. of research space, a 19-story hotel & conference center with 410 rooms.
The new campus is expected to have $5.2B impact on Houston and create a projected 30K new jobs.
Texas Medical Center 3 (TMC3) broke ground in 2019 with completion expected in 2022, coinciding with delivery of Park Lane.
With the large expansion at the world-class Texas Medical Center and its resilience during times of recession, Houston hits all the sweet spots when it comes to “Most Likely to Succeed In A Coronavirus World.”
And with Park Lane only 4.5 miles from the expansion, it is a quick 10-minute commute by car or the dedicated ebike that comes with each unit.
University Powerhouse
The University of Houston district is among several urban areas within Houston which has experienced more than 50% appreciation in value over the last 5 years. When combined with a long history of consistently strong growth in the domestic economy, investment in Houston has become very attractive; both nationally and internationally.
University of Houston is a super short 5-minute cycle or a 4-minute drive from Park Lane.
#19 Largest University in U.S.
46,000+ students
Carnegie Tier-One ranking (top 2.5%)
#1 Entrepreneurship Program in the U.S.
Park Lane will be the closest Class-A multifamily offering to the new Medical Campus and the Energy Research & Technology Campus – approximately 0.5 miles to two of the University’s most prestigious faculties.
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Property Equipped for a Post-COVID World
Park Lane’s pioneering design proudly incorporates an array of customized, highly desirable outdoor features which will distinguish it from its competitors and be the envy of its neighbors.
Units designed for a stay-at-home lifestyle
That means larger rooms for greater personal space, larger windows to let in natural light and fresh air, with Juliet balconies that give every tenant a taste of the outdoors.
Strategic Common Areas
No shared indoor facilities, no elevators—reduces risk of virus transmission.
At-home "SOHO" office space
Not just designed for staying home, but for working from home with true at-home office/workspace flexibility. Each 2-bed, 2-bath unit has ample space to set up a home office, and unlike most other properties you’ll find,
Every unit is equipped with the state-of-the-art Delos Darwin Home Wellness system
At Grocapitus, we saw wellness trends in real estate a while ago, long before COVID-19 pushed them into the international spotlight. That’s why we jumped at the chance to create a Delos Darwin-driven boutique multifamily community. Delos invented the WELL Building Standard.
The system intuitively responds to the conditions in your home, purifying your air and water, and providing dynamic lighting designed to restore your body’s natural rhythms.
Purifying the Air
Purifying the Water
Circadian lighting, changing the lighting patterns throughout the day to promote a healthy sleep cycle
Our team realized immediately the potential for Park Lane to attract (and keep) high-quality, upper-income tenants, both students, and professionals by incorporating a state-of-the-art home wellness system in a pandemic challenged world.
Plus, wellness-branded homes sell for 5-35% more, while wellness rentals command a 7-10% rent premium!
Rental Homes Designed for Active Lifestyles
Don’t confuse “designed for a stay-at-home lifestyle” with “designed for a stay-inside lifestyle.” Houston is known for beautiful year-round weather and we designed Park Lane Houston for a tenant leading an active outdoor lifestyle.
Park Lane Houston’s pioneering design proudly incorporates an array of customized, highly desirable outdoor features which will distinguish it from its competitors and will be the envy of its neighbors.
All outdoor areas are designed and durably constructed for low cost and maintenance.
Inspirational image. Subject to change.
Inspirational image. Subject to change.
Take a Look Inside Park Lane Houston
Park Lane Houston is a modern rental community designed to feel as desirable 20 years from now as it does today.
As you can see, we put the bulk of the construction budget where it matters most: the units’ interiors and building design! We created Park Lane Houston
with your future tenants’ tastes and needs foremost in mind, including:
Superior design and luxury finishes throughout the apartments
Dazzling building design
Private garages
Fully furnished with upscale modern furniture
10 interconnected smart home devices + high speed Wifi
Delos Darwin healthy home, anti-COVID platform
24/7 triple layer smart security system
Because it’s brand new your Park Lane Houston fourplex comes with a 10 year structural and a 12 month product warranty meaning you won’t have to replace the roof, install new hot water heaters or upgrade the HVAC system anytime soon.
Property Management
Smart real estate owners know good property management is critical for success. As part of this unique turnkey offering we have partnered with Asset Living, a nationwide institutional-grade property manager. Asset Living is one of the largest multifamily property managers in the nation, and their student housing division is the largest in the U.S.
They are headquartered in Texas and have been involved with the project from the start, helping to co-designthe fourplexes and providing the numbers for the proforma, based on their intimate knowledge from working in the local market for 20 years.
All outdoor areas are designed and durably constructed for low cost and maintenance.
Because of our stringent due diligence and exceptional offering, we’re very confident in the long-term prospects of your property and want to make sure you are secure and comfortable with your decision to purchase. To provide you even more security for our fourplex buyers, each fourplex will be 100% leased prior to the Buyer closing on the purchase – meaning that your investment property will be positively cash flowing from day 1 with zero vacancy.
It’s your absolute assurance that your rental income is secure, and it is an exclusive benefit of being a client of Grocapitus. No one else we know of offers this type of extra rental income protection.
100% leased prior to closing
Low 5% fee for full-service Institutional Management
Inspirational image. Subject to change.
Inspirational image. Subject to change.
Financing
If you will be financing your purchase, we have a dedicated Fourplex Finance Specialist who knows the project intimately and how to close investor transactions while creating a positive buyer experience with your best interests in mind.
With 12 years of financing experience, Lane Aldrich has helped hundreds of households obtain financing for Utah County homes and has been recognized as Top Rated Mortgage Professional by The Daily Herald Readers Choice Awards 2010
Now is a truly fantastic time to purchase Class-A blue-chip, income producing and strong capital growth assets with historically low fixed interest rate financing.
Branded, Wellness Residence Premiums
Wellness is one of the fastest growing industries in the world, including lifestyle, exercise studios, and organic eating habits. Wellness real estate is a staggering $50 billion a year industry, just in the U.S., and properties featuring wellness can sell much faster and command impressive price premium as compared to ‘regular’ properties.
5-35% Premium
7-10% Premium
wellness rentals
+31% Premium
average premium for branded residences (Newmark Knight Frank)
Branded developments sit at the most competitive and innovative edge of the market, with purchasers attracted by the opportunity to associate themselves with a known brand. Park Lane Houston leverages the leading wellness brand in the world, Delos.
Inspirational image. Subject to change.
Park Lane’s Superior Renter Experience – To Attract and Retain Your Tenants!
Work From Home Friendly
Spacious 2 bed 2 bath self-contained apartments can comfortably accommodate a SOHO Home Office in the second bedroom.
Stay At Home Conducive
Larger rooms, high 10′ & penthouse styled 16′ ceilings, facilitating more time at home. Oversized windows and a Juliet balcony for abundant natural light & fresh air.
Delos Darwin Healthy Home
A branded Healthy Home by the #1 Health and Wellness real estate company in the world & creator of the WELL Building Standard.
Strategic Shared Public Space
Optimized for a Covid-conscious world: overlooks a large park, across from a bayou and bike path, with perfectly social distanced firepit and ‘private’ pocket parks on site.
Introducing The Development Team
Neal Bawa
Grocapitus
Development
Anna Myers
Grocapitus
Development
Jon Bursey
Urbanist
Development
Luke Marvel
Urbanist
Development
Stephen Mitchell
Asset Living
Property Management
Warren Johnson
Johnson Design Group
Design & Architecture
Lane Aldrich
First Colony Mortgage
Financing
How Grocapitus Selects Development Markets
Rent Growth
Sales Trends
Employment
Supply And Demand
