250 Company Service Rd
Carrizo Springs, TX 78834
Eagle Ford Shale Housing · Multifamily Property For Sale · 30,476 SF

Eagle Ford Shale Housing Complex is strategically located in Carrizo Springs, Texas. Carrizo Springs is located in the Eagle Ford Shale, which is THE LARGEST Oil and Gas Reserve in the United States. The area offers a high demand for overnight lodging with 151 Rooms. ‘EFS’ has a very positive cash flow stream due to the demand. ‘EFS’ Housing Complex is also in high demand because the area is growing rapidly and uncorrelated industries/businesses are vying for the limited high service housing units in Carrizo Springs. One of the uncorrelated industries is the U.S. Government. The Government has a Housing Complex which is only a few miles from “EFS” and houses the service contractors for separated migrant children. “EFS” offers kitchenette housing which no other complexes offer and currently has tenants from some of the Fortune 500 Companies such as Halliburton, Schlumburger, etc. as well as contractors providing education, healthcare, and resources for the separated children. Eagle Ford Shale Housing offers a true 16.75% Cap Rate day one of the investment with tremendous upside by lowering some of the high expenses on the current operation. The actual Cash on Cash Return at 35% down is an astonishing 47.85% at the asking price of $5,995,000.00 - NOW REDUCED TO $4,250,000 and an overall return on investment of 54.00%. The next investor should be able to easily recoup all of the down payment in less than 3 years by minimally increasing the nightly room rate and lowering the very high expenses. With uncorrelated businesses vying for “kitchenettes” and being strategically located close to the “Housing Complex” for separated children combined with being in the heart of the Eagle Ford Shale, the next investor should benefit from the high demand for housing and an experienced operator should be able to quickly turn this offering into an efficient operation and capitalize on improving a very strong cash flow for the coming years and enjoy an above market return on the initial investment. DO NOT DISTURB ANY ONE ON THE PREMISES WHATSOEVER. DO NOT CONTACT OR SPEAK TO ON-SITE MANAGER AND/OR STAFF AND/OR TENANTS. ALL QUESTIONS MUST BE DIRECTED TO THE LISTING AGENT: Roger L. Hendricks (214) 435 - 6493 Cell phone.