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Pegasus General Contractors, Inc.,[object Object],Bastrop Housing Investment Opportunity,[object Object]
Where is Bastrop?	,[object Object],Located 20 miles due East of Austin.,[object Object],20 minutes from Austin Bergstrom Int’l airport,[object Object],2nd oldest incorporated town in Texas,[object Object]
What does Bastrop offer?,[object Object],Golfing,[object Object],State Parks,[object Object],Boating, fishing, hiking trails,[object Object],Shopping,[object Object],Sports,[object Object],Schools,[object Object]
Bastrop Fun Facts ,[object Object],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.,[object Object],Bastrop is the second oldest town in Texas - first settled in 1804, officially established in 1832, and incorporated in 1837. ,[object Object],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.",[object Object]
What is new for Bastrop?,[object Object],CVS,[object Object],Holiday Inn,[object Object],Comfort Inn,[object Object],Carl’s Jr.,[object Object],Lowe’s,[object Object],Specs,[object Object],Best Buy,[object Object],Lakeside Medical Center,[object Object],Residential Construction  ,[object Object]
Major Employers for Bastrop	,[object Object],Walmart,[object Object],H-E-B,[object Object],Lowe’s,[object Object],Home Depot,[object Object],Hyatt  Regency Lost Pines Resort,[object Object],County of Bastrop,[object Object],Correctional Facility,[object Object],Bastrop  ISD (Schools),[object Object]
Our clients,[object Object],Service industry employees,[object Object],Low-moderate income,[object Object],FHA first time home buyers,[object Object],Renter conversions,[object Object],Move-ups,[object Object],Trade downs,[object Object],Retirees,[object Object],Our primary customer generally qualifies for the ,[object Object],$8,000 first time home buyer tax credit.,[object Object]
Population and Income Trend,[object Object],Insight Research Corporation,[object Object]
Our product,[object Object],Our most popular product is a 3/2 - 1300 square foot manufactured home on approximately ½ acre of land in or around Bastrop.  These homes will sell for approximately $100,000 retail. ,[object Object]
The Pegasus Advantage,[object Object],Turn key land home packages to our retail clients, including financing, site improvements, land selection, and custom home design and ordering.,[object Object],Everything is included, retail clients can enjoy the ease of one-stop-shopping, which is not available at other housing retailers.,[object Object],The Pegasus Team has a 30+ year combined experience executing manufactured housing sales, real estate transactions, mortgage services, general contracting and land development.,[object Object]
Marketing Objectives,[object Object],Continue to purchase land,[object Object],Increase local signage in targeted neighborhoods,[object Object],Direct marketing campaign(s),[object Object],First Time Home Buyer seminars,[object Object],Continue to broaden retail lender network,[object Object],Projected sales center by end of 2010, first quarter 2011,[object Object],Explore areas around Austin for potential growth,[object Object]
Exit Strategy: Retail Financing,[object Object],Our land home packages are FHA qualified, which means buyers can get a standard FHA loan through;,[object Object],	Manufactured Housing Specialized Lenders ,[object Object],	21st Mortgage Corp,[object Object],	Cascade Financial,[object Object],Local Banks:,[object Object],	First Nat’l Bank of Bastrop,[object Object],	Franklin Bank,[object Object],National Banks:,[object Object],	Wells Fargo,[object Object],	Chase,[object Object],	Wachovia,[object Object]
Investment Opportunity,[object Object],$50,000 investment;,[object Object],Lien holder on title to $100k improved property. ,[object Object],$5,000 profit per sold and closed unit,[object Object],Anticipated 6 month construction through sale,[object Object],Approximate 20% annual return on your money,[object Object],30% projected return, when Pegasus has a better market share*,[object Object]
The Breakdown of Sales Price,[object Object]
Distribution of Funds after Closing ,[object Object],*Pegasus is responsible for sales  commissions and advertising  ,[object Object]

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Revised Bastrop Presentation

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