5111 Maufrais is our first major residential development at Liquid. The property sits on half an acre of largely un-developed land (small house to be demolished) in East St Elmo (Tract 24.13), perfectly located with immediate access to major transport routes and the Roy Kizer / Jimmy Clay golf courses.
Liquid is currently seeking equity-financing partners to help fund the construction of this project. Debt financing for the full construction budget has already been approved by our lender. The project is being broken into two phase, each with the construction of 3 standalone single family homes.
To achieve this level of density, Liquid’s civil engineer recommended a Flag Lot layout at 5111 Maufrais Ln with the rear lot accessible from a shared driveway on the Eastern boundary of the property. This layout provides the maximum level of privacy and accessibility for tenants and their guests. The major advantage of this plan is the ability to obtain a rental premium from all six of the four-bedroom houses on the site.