Sugar Land, 3/22/2012 12:21:54 AM
Eldridge Pointe condo project moving forward
Continued growth in Sugar Land means good things for the Eldridge Pointe condo project in that rapidly growing community south of Houston. Since a December, 2010 start on the development, Eldridge Pointe has already sold 12 condo units and many other office condos for sale remain available to the public.
From the office condos for sale, prospective buyers have plenty of options. Office units range in size from 728 square feet to 5,824 square feet. Optional second floor storage space is available with these units. With 100 percent finished interiors and amenities like kitchenettes and half baths, multiple units are ready for small to medium sized businesses to move in and set up shop.
It is a good investment for a small business owner. Office condos at Eldridge Pointe offer an excellent feasible option for building up some equity while renting out space for business. In the past, small business owners have essentially had only two options for acquiring space to operate their business. Their first option was paying high monthly rent to a landlord. The second option was taking out a loan and using a large sum to purchase their own building.
The office condos for sale at Eldridge Pointe offer a third option for small business owners that can better suit their needs. Office condos are a popular option for most small businesses. It gives smaller companies the chance to own their own office space without expending huge sums of money on a monthly lease. With an office condo, mortgage payments are usually lower than a similar monthly payment for leased space. It creates a huge bonus for business owners who lack staff and resources to compete head-to-head with larger companies.
Purchasing an individual office unit at Eldridge Pointe also means savings on maintenance costs. Individual condos shares the total cost of maintenance in the larger complex. A board oversees the maintenance and management of the office condos and handles all details related to those functions. This leaves business owners free to focus on running their businesses instead of worrying about ancillary details.
Prices for new office condos start at $139,900. All major Houston freeways are accessible from Eldridge Pointe and it is conveniently located just a few minutes away from downtown Houston.