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Land

Northwoods Development Site

Spring, TX

Investment Highlights

  • Fully Entitled, Shovel-Ready Development Site with Plans in Place for 288-Unit, Class A Multifamily
  • Prime Location in Spring, Texas, just North of Houston and Immediately South of The Woodlands
  • Convenient Access to Interstate 45 and Grand Parkway (Undergoing $111.3 Million Expansion)
  • Surrounded by High-Income Employers such as ExxonMobil, Hewlett Packard, and Southwestern Energy
  • Permits Paid and Issued in January 2024 and HUD 221(d)(4) Firm Commitment in Place with Maximum Loan Assumption Amount Equal to $52,146,800

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