Our business plan is a Build-to-Rent (BTR) duplex community in the high-growth submarket of Helotes, TX, within the San Antonio metro area. This project consists of 30 duplex lots (60 units), designed to provide institutional-quality rental housing while offering strong investor returns through a streamlined development and exit strategy. The business plan follows a clear and disciplined approach: acquiring the land, expediting permitting, developing in phases, pre-selling units, and exiting at the Certificate of Occupancy (CO) stage. EquityNest and partners have structured this project to maximize investor returns while mitigating risk. Land acquisition is already secured, and permitting timelines have been reduced from a typical duration of 7 – 8 months down to 4 months due to early engagement with the civil engineer. Horizontal development will begin immediately after permitting, followed by phased vertical construction in three stages (15 lots per phase, each with a 6-month build cycle). To ensure investor liquidity and minimize market risk, units will be pre-sold during construction, with sales closing at the CO stage. Additionally, a 7.5% interest rate buydown is included to enhance affordability and attract end-buyer investors.

Our investment approach is based on conservative underwriting and strategic execution. We have increased the development cost per lot from $235K to $240K to account for potential inflation, while lowering the projected sales price from $650K to $625K per lot to mitigate any market changes. A detailed sensitivity analysis has been conducted, stress-testing various scenarios, including permitting delays, construction cost increases, and price fluctuations, ensuring resilience in multiple economic conditions.

The Apollo Oaks development is being executed in partnership with Invest 5S, a premier San Antonio developer with over 30 years of experience and nearly 4,000 lots developed. Their expertise in construction and sales ensures efficiency in execution while leveraging deep market knowledge to attract end-buyer investors. San Antonio remains a prime market for Build-to-Rent investments, benefiting from robust job growth, corporate relocations, population increases, and strong rental demand.

By structuring this project with an accelerated timeline, a clear exit strategy, and strong market fundamentals, Apollo Oaks presents a compelling opportunity for investors seeking a well-planned, high-return Build-to-Rent development in one of the fastest-growing regions in the U.S.