PORTIXO LLC
PORTIXO LLC
PTX SWAN FUND II
ACTIVE PORTIXO FUND
Target Fund Closing: Q4 2022
The Built Product:
Beautifully-designed, newly-constructed 1,300 SF bungalows (“Swans”) built in dense neighborhoods experiencing overdemand and displacement. Positioned as a unique and crafted alternative to the undifferentiated, cheaply-built, bulk townhome product. Intended to be sold at best-in-market pricing for new construction.The Mechanism:
- Raised $1MM+ as a standalone round for speculative single-family housing development
- Target acquisition 50,000 SF of land, subdividing into parcels each measuring 30’ x 100’
- Building and selling Swans for a fixed 30% return on investor equity
Execution
A smaller floorplan, the replacement of a garage with a pergola, and the ability to utilize uncommonly-proportioned lots allows Portixo to offer each Swan at better-than-market pricing, while still providing strong financial returns to investors.
Targeted Neighborhoods in Houston:
Second Ward, Eastwood, East End, Broadmoor, Lawndale, Wayside, Magnolia Park, Pecan Park
Financial Goals:
25% - 35% pro rata equity return with a 10-month timeline from closing of funding round
Non-Financial Goals:
Intact Communities, Generational Wealth, Safety & Quality of Life, Architectural Preservation
Swan Exterior
Each Swan sits on a 4-foot elevated foundation and is clad in a tight wooden siding with energy-efficient, double-hung windows. The floorplan includes three porches, each with a dark standing-seam zinc roof. The side porch is fully screened for comfortable lounging and is accessed from the primary living area. The property is fully fenced for privacy and security and a two-car-wide driveway is fully enclosed by an automated wrought iron gate.
Swan Interior
The interior is light and spacious with 12-foot ceilings, honeyed hardwood flooring, and a modern yet warm lighting package. An exterior doorway in the primary living area leads to a screened side-porch, while a set of French patio doors leads to a lush backyard. The open-concept kitchen features an 8-foot island with white quartz countertops, stainless steel appliances, modern vent hood, and a subway tile backsplash.
Target Neighborhood Map
The east side of inner-loop Houston contains some of the City's oldest and most-intact single-family neighborhoods. As housing costs rise and new waves of townhome product move into the East End, many long-time residents are at risk of displacement and forced relocation. Swan Fund I works to build beautiful and affordable single-family homes that are scaled to the needs of the existing community.
PTX PRESERVATION FUND I
ACTIVE PORTIXO FUND
Target Close Date: Q1 2023
The Built Product:
Historic, well-built single-family homes purchased to be relocated and placed on blighted or underutilized lots in emerging neighborhoods. Intended to be sold to community members at achievable prices.The Mechanism:
- Raise $500,000+ as a standalone round of funding for single-family housing relocation
- Acquire 25,000 SF of land to subdivide into half-parcels measuring 50’ x 100’
- Structurally relocate preservation-quality homes
- Sell retrofitted homes for a fixed 25% to 35% return on investor equity
Targeted Acquisition Neighborhoods in Houston:
Woodland Heights, Houston Heights, 1st Ward, 6th Ward, Neartown-Montrose
Targeted Placement Neighborhoods in Houston:
Second Ward, Eastwood, East End, Near Northside, Independence Heights
Financial Goals:
25% - 35% pro rata equity return with a 5-month timeline from closing of funding round
Non-Financial Goals:
Intact Communities, Sustainability, Generational Wealth, Safety & Quality of Life, Architectural Preservation
Preservation homes to-be-moved onto underutilized or blighted properties
Invest with PORTIXO
Active Funds
SWAN FUND I - Equity Contribution
$50,000.00
Please contact for additional informationQuantity
PTX Preservation Fund 1 - Equity Contribution
$50,000.00
Please contact for additional informationQuantity
