- 1. Pegasus General Contractors, Inc.
Bastrop Housing Investment Opportunity
2. Where is Bastrop?
Located 20 miles due East of Austin.
20 minutes from Austin Bergstrom Intl airport
2nd oldest incorporated town in Texas
3. What does Bastrop offer?
Boating, fishing, hiking trails
4. Bastrop Fun Facts
Bastrop County is one of the fastest growing counties, both in Texas and in the nation. Projections show the County population at 258,738 by 2040.
Bastrop is the second oldest town in Texas - first settled in 1804, officially established in 1832, and incorporated in 1837.
Nearly 140 Bastrop buildings and sites are officially listed in the National Register of Historic Places, earning the city the title of "Most Historic Small Town in Texas."
5. What is new for Bastrop?
Lakeside Medical Center
6. Major Employers for Bastrop
HyattRegency Lost Pines Resort
County of Bastrop
7. Our clients
Service industry employees
FHA first time home buyers
Our primary customer generally qualifies for the
$8,000 first time home buyer tax credit.
8. Population and Income Trend
Insight Research Corporation
9. Our product
Our most popular product is a 3/2 - 1300 square foot manufactured home on approximately acre of land in or around Bastrop.These homes will sell for approximately $100,000 retail.
10. The Pegasus Advantage
Turn key land home packages to our retail clients, including financing, site improvements, land selection, and custom home design and ordering.
Everything is included, retail clients can enjoy the ease of one-stop-shopping, which is not available at other housing retailers.
The Pegasus Team has a 30+ year combined experience executing manufactured housing sales, real estate transactions, mortgage services, general contracting and land development.
11. Marketing Objectives
Continue to purchase land
Increase local signage in targeted neighborhoods
Direct marketing campaign(s)
First Time Home Buyer seminars
Continue to broaden retail lender network
Projected sales center by end of 2010, first quarter 2011
Explore areas around Austin for potential growth
12. Exit Strategy: Retail Financing
Our land home packages are FHA qualified, which means buyers can get a standard FHA loan through;
Manufactured Housing Specialized Lenders
21st Mortgage Corp
First Natl Bank of Bastrop
13. Investment Opportunity
Lien holder on title to $100k improved property.
$5,000 profit per sold and closed unit
Anticipated 6 month construction through sale
Approximate 20% annual return on your money
30% projected return, when Pegasus has a better market share*
14. The Breakdown of Sales Price
15. Distribution of Funds after Closing
*Pegasus is responsible for salescommissions and advertising