Acquired: March 23, 2007
Square Footage: 462,717
Property Type: Industrial
Acquired: March 23, 2007
Square Footage: 462,717
Property Type: Industrial
1777 & 1803 Gears Road, Houston, TX
Average Monthly Cash Flow: $3,200
Estimated Annual Revenue: $38,400
Expected Annualized Return: 11%-12%
Amount Available: $300,000
Operators: XTO, EnerVest
# of Producing Wells: 21
% Oil / % Gas: 0% Oil / 100% Gas
Property Notes: One of the most prolific natural gas fields in the last 20 years. Very consistent production from geo‐focused operator.
Average Monthly Cash Flow: $5,000
Estimated Annual Revenue: $60,000
Expected Annualized Return: 11%-12%
Amount Available: $400,000
Operators: Marathon, Devon
# of Producing Wells: 17
% Oil / % Gas: 75% Oil / 25% Gas
Property Notes: Major operators in the heart of the Eagle Ford Shale region. Good mix of both oil and NGL’s (natural gas liquids).