McAllen Project Report – 02/02


  • Gas meters must be upgraded as per gas company; new gas meters are being designed and to be installed within a few weeks

  • All other construction is complete, and units are being prepped for leasing

  • We are waiting for a certificate of occupancy from the Fire Marshall

  • Tenants are touring the property and submitting applications

  • Shopping Lenders for a refinance



  • Begin to fill units

  • Secure refinance terms

  • Targeting first investor distribution date in early Q2



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