Gates of Tioga

Tioga, TX
Location

$3.5M
Capital Raising

70
No Of Shares

36 Months
Project Duration

25% AAR
Expected Returns

  • Land Size: Approximately 23 acres
  • Zoning: Mixed Use (Currently under agricultural exemption)
  • Strategic Location: Hard Corner situated off Highway FM 121 (proposed 6 lanes) and a major arterial road.
  • Utilities: Zoning and utilities will be provided by the seller and included as part of the contract.
  • Potential Uses: Ideal for various mixed-use developments, including restaurants, retail spaces, medical facilities, multi- family residences, and office spaces.
  • No of Shares: 70
  • Project Duration: 36 Months
  • Total Capital Raising: $3.5M
  • The property will be sold when the price doubles  the purchase price, or after a minimum of three (3) years,  whichever occurs first.
  • There are various options for land  development and exploration after acquiring the land.
  • During the holding period of three years,  the projected sale price per square foot is estimated between $7 to $10.
  • The property will be owned by a single entity, with 70 shareholders holding ownership percentages based on their respective shares
  • Property Entity Name: Tioga Gates Elite LP LLC
  • Management Entity Name: Tioga Gates Elite GP LLC
  • A legally binding operating partnership agreement will be drafted by an attorney to outline ownership details.
  • GPs will oversee the management of the property, including communications, coordination, legal structuring, negotiations, value-added initiatives, and sales. They will also hold final authority on all strategic decisions and the execution of the investment plan.

$3.5M

Capital Raising

70

No of Shares

25% AAR

Expected Returns

36 Months

Project Duration

$50k

Cost Per Share

Equity

Equity