Over View
- Lexington is located right in the Frisco, TX on the east side of Coit Road, between Main Street and Eldorado Parkway. The neighborhood is close to most of North Texas' best shopping, dining, and entertainment.
- Lexington, Frisco, located just 30 miles north of Dallas, is one of the fastest growing cities in the United States. this close-knit, family-oriented community has excellent school systems, top class medical facilities, and an overall high quality of life—and our venture is right in the middle of it all.
- In 2011, Money magazine named Frisco TX one of the "Top 100 Places to Live in the United States," and Forbes named Frisco one of the "America's 25 Best Places to Move."
Business Plan
- We plan to develop 5 acres of land for Restaurant, office and retail space on which we will build the shell.
- Marketing to identify potential & national brand tenants/Clients.
- Total Capital Raising – $4.5M
- No of Shares: 45
- Cost Per share: $100k
- Land Size: 5 Acres
- Price Per Sq.Ft: $15.40/Sq.Ft
- Acquisition Fee: $50K
- Project Duration: 30 Months
- Expected Returns: 100%
- GP Fees: 20% on Profit remaining 80% to LP’s
- Earnest Money : $100,000.
Entity Structure
- Property will be on 1 single entity with all 45 share holders as owners with respective ownership percentages
- Entity Name : Suniksha Capital LP
- A Legal operating partnership agreement will be prepared by attorney on the ownership
- GP’s will be managing the property, communications, coordination work
Financial Highlights
Capital Raising
$4.5M
Expected Returns
100%
Cost Per Share
$100k
Price
$15.40/Sq.Ft
No of Shares
45
Project Duration
30 Months
Projected Timeline
11-30-2022
Option fee hard
01-05-2023
individual LLC Creation /Amount ready
02-26-2023
Money Transfer Deadline
02-26-2023
Operating agreement delivery
02-28-2023
Closing Date
-
11-30-2022
Option fee hard
-
01-05-2023
individual LLC Creation /Amount ready
-
02-26-2023
Money Transfer Deadline
-
02-26-2023
Operating agreement delivery
-
02-28-2023
Closing Date