Crown Apartments is located on 16844 Sugar Pine Dr . This project is a class B garden style, 96 unit ground up multi-family development built in 2021 with an expected delivery date of May 2021 (Phase 1). Phase 1 sits on 6 Acres with a GBA of 118,000 SF. Phase 2 is proposed for the remaining 3 acres on the side closer to FM 1960. Owner is willing to seller finance a deal with 30 % down, owner is also willing to discuss the sale of the final 3 acres for Phase 2. The current rents & vacancy rates in the area are strong indicators that the units can be rented for between $1,450-$1,710 with little trouble in the lease up phase. We anticipate the rent can be higher than suggested due to very few apartments with a comparable unit mix available (most are fully leased or not offered). The unit mix planned is attractive for growing families as well as families with children.. With the Covid-19 pandemic, many have permanently shifted into the suburbs due to work from home orders, as well as downsizing due to financial strain, this project will be a great home to people in these situations. Units amenities include: Balcony, Cable Ready, Dishwasher, Disposal, Ceiling Fans, Stainless Steel Kitchen Appliances, In Unit Heating, Eat-in kitchen, Walk-in closet, Carpet, Coffee System, Dining Room, Walking Trail, Playground, Pool and Gazebo.