HartmaN Retail II, DST
6806 Highway 6 South Houston, TX 77083
Total Investment Cost: $17,720,000
Offering Size: $8,820,000
- Offering LTV: 50.23%
- Minimum Equity Investment: $25,000
- Estimated Holding Period: 10 years
- Suitability: Accredited Investors Only
- Initial Cash Distribution Rate: 6.0%
All information contained in this material is qualified in its entirety by the terms of the current Memorandum. Investors should consider the investment objectives, risks, charges and expenses before investing. The achievement of any goals is not guaranteed.
6806 Highway 6 South Houston, TX
An investment in the Interest involves certain substantial risks, including material tax risks, and is only suitable for persons of substantial financial means who satisfy certain suitability requirements and have no need for liquidity in their investment.
Property Profile
- Mission Bend Shopping Center 6806 Highway 6 South | Houston, TX 77083
- Acquisition Date:Â May 17, 2016
- Occupancy at Acquisition:Â 98%
- Land Area:Â 10.9203 acres
- Square Feet:Â 140,576
- Year Built:1984, improved through 2008
Investment Overview
- Offering Size:Â $8,820,000
- Offering LTV:Â 50.23%
- Total Investment Cost:Â $17,720,000
- Minimum Equity Investment:Â $25,000
- Estimated Holding Period:Â 10 years
- Suitability:Â Accredited Investors Only
- Initial Cash Distribution Rate:Â 6.0%
Houston MSA At a glance
- 6.4 million people
- 9 counties and over 10,000 square miles
- 3rd lowest cost of living in U. S.
- 4th largest economy in the U. S.
- 2015 #1 Market to Watch
Houston, Texas
The Houston MSA (metropolitan statisical area) is the fifth most populous metropolitan area in the U.S., and the city of Houston is the fourth most populous city nationally, trailing only New York, Los Angeles, and Chicago. Houston is firmly established as a premier global city and is a leading destination for investment by all capital sources due to its unique combination of stability and dynamic growth.¹
ABOUT Hartman Retail II, DST
Hartman Retail II, DST
2909 Hillcroft | Suite 420 | Houston, Texas 77057 | 800 880 2212
www.HARTMANREITs.com