I am pleased to announce L5 Investments’ latest opportunity. We are entering escrow to purchase a 96% occupied, 232 unit apartment community (The Woodlands) in Odessa, TX. The property, built in 1982, is in excellent condition and has a great track record of occupancy and cash flows. Odessa, TX has been ranked the #1 Small City for Jobs by Forbes for the past 2 years, has added 900 jobs from January to May 2010, and expects see an additional 1,200 – 2,500 jobs upon commencement of Summit Power’s $1.73 billion Clean Energy Power Plant in December 2010. Please let me know if you have interest via email below and we will forward you the complete Woodlands Investment Offering, if you are an accredited or sophisticated investor. [email protected]
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