Metropark
Shenandoah, Texas
The Residences at Metropark
Sam Moon Group (SMG) is developing the Residences at Metropark, a 307-unit Class A luxury apartment project located in Shenandoah, Texas. Shenandoah is located north of Houston and adjacent to The Woodlands, TX, and is a 25-minute drive from George W. Bush International Airport. Residences at Metropark will be ideal for anyone looking for quality affordable housing, in a great school district (Conroe ISD), with a variety of restaurant and entertainment options within walking distance.
The Property benefits from robust consumer traffic generated by its strategic location along Interstate 45. The Property is part of Metropark Square, SMG’s 70-acre master-planned development that consists of restaurant, retail, and entertainment tenants, anchored by AMC Theatres, Dave & Buster’s, and a Hyatt House Hotel.
The community will feature urban-style architecture with extensive amenities and quality upgraded interiors to attract more affluent and discerning renters, desirous of a true live, work and play environment.
SMG has put together a best-in-class development team with Domain Builders as the General Contractor, JHP as the Architect, Moore Design Group as the Interior Designer, Kimley Horn as the Civil Engineer, and Greystar as the Property Manager.
Developer Information
Sam Moon Group (SMG) is a real estate company that develops full-service hotels, shopping centers, multi-family residential, and mixed-use developments. In addition to real estate development, SMG also provides property management and asset management services.
SMG has developed iconic full-service hotels in the Dallas area, including, the Renaissance Plano in Legacy West, the Hyatt Regency Frisco at Stonebriar Centre, and the JW Marriott Dallas Arts District.
8888 Metropark Drive, Shenandoah, TX 77385
8888 Metropark Drive, Shenandoah, TX 77385
Highlights
- Target Average Annual Return: 20%+
- Target Cash on Cash Return: 2.5x+
- Depreciation Income Tax Deduction
- Minimum Investment Amount: $50,000