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Walker's Landing

159 purpose-built rental townhomes, six minutes from Robins Air Force Base in Warner Robins, Georgia. Developed by Wind & Water Homes. Sold, managed and guaranteed by Austplan Management Group.

$240,000Middle units. Corner units $245,000.
4.5% netOur base case with all costs included, not the brochure figure.
5% × 24 moGuaranteed net floor while tenanted*
Day 61First USD payment after closing
Why This Development Passed

Demand you can verify, product built for its tenant

Walker's Landing is the first listing to pass the Gateway Standard. Here is the case for it, including the parts that needed caveats.

DEMAND

A $4.2B military anchor

Robins Air Force Base, six minutes away, employs more than 25,000 people and anchors the local economy. Military tenants average 2 to 3 year stays on stable, employer-backed incomes.

PRODUCT

Purpose-built for renting

2-bed, 2.5-bath townhomes of 1,081 sq ft, delivered rent-ready with appliances, washer, dryer, curtains and LVP flooring included, plus a 10-year structural warranty.

SCARCITY

The only rental townhome community in the core area

That is the developer's claim. We recommend verifying it in your DD pack, and it cuts both ways: fewer comparables means wider valuation uncertainty.

MARKET

Growing, affordable metro

City population above 87,000 with a metro above 200,000, annual growth around 1.5 percent, and median household income near $78,000, about 5 percent above the Georgia average.

OPERATOR

Aligned management

Austplan (est. 2008) sells, manages and guarantees the same units, with acquisition and management in-house. Convenient, and a concentration of trust the risk register addresses directly.

TIMELINE

Completion Sept 2026 to mid 2027

Staggered across 17 buildings. Tenant marketing typically begins 60 days before completion, and income starts by Day 61 after closing under the guarantee.

The Numbers

Four scenarios, including the ones that flatter nobody

All yields are calculated on an all-in cash basis: $240,000 price plus 3 percent closing costs, or $247,200 in total. That denominator matters. It is the one most brochures quietly shrink.

ConservativeBase caseGuarantee floor (mo 1–24)Developer projection
Monthly rent$1,300 (market avg)$1,450n/a, fixed payment$1,550
Occupancy92%95%while tenanted100%
Rent collected / yr$14,352$16,530$18,600
Management fee (8%)–$1,148–$1,322–$1,488
Tax, insurance, HOA–$2,724–$2,724–$2,724
Maintenance + leasing reserve–$1,436–$1,370$0 (excluded)
Net cash flow / yr$9,044$11,114$12,000$14,388
Net / month$754$926$1,000$1,199
Net yield on all-in cash3.7%4.5%4.9%5.8%
Read the table carefully. The developer projection assumes full occupancy and zero maintenance, so treat it as an upside rather than a plan. Note that the guarantee floor beats our conservative case for the first two years, which is where its real value sits. On financing: at current foreign-national mortgage rates (around 7.5 percent with 40 percent down), this property is roughly breakeven on cash flow. Leverage here is a bet on appreciation and loan paydown rather than income, which is why a cash purchase is the cleaner route for most buyers. We will not show you a leveraged cash-on-cash figure that ignores the mortgage payment.
Independent Comps

What the market actually rents and sells for

Independent data, gathered August 2026, shown beside the developer's projections so you can see exactly where the premiums sit.

MetricMarket (independent)Walker's Landing
2-bed monthly rent$1,225–1,400 (avg ~$1,260)$1,550 projected
Price per sq ft (resale median)$137–149~$222 (new build)
Median sale price$250,000–260,000$240,000–245,000
Average new-build home price$390,000+ (per Austplan)
The two premiums, named. The $1,550 rent projection sits 15 to 20 percent above the current 2-bed market average. That is plausible for new construction with in-unit laundry and 2.5 baths, but it is unproven until leases are signed, which is why our base case uses $1,450 and our conservative case uses the market average. On price, you are paying a new-build premium (around $222 per sq ft against a $137 to $149 resale median) in exchange for the warranty, zero deferred maintenance and a rental-optimized design. New construction always trades above resale medians. Know that you are paying for it.
SOURCES: ZILLOW · RENT.COM · APARTMENTS.COM · RENTHOP (RENTS) — ORCHARD · REDFIN · PRICE-SQFT.COM (PRICES) — AUSTPLAN (BASE DATA)
The Rental Guarantee, Read Accurately

A useful floor, if you understand exactly what it is

5% netMinimum annual return on purchase price
24 monthsFrom closing. The contract governs over marketing materials.
$1,000+/moPaid monthly from Day 61 after closing

What it's worth

  • The $12,000 annual floor exceeds our conservative case of $9,044. That is genuine downside protection in the riskiest period: initial lease-up.
  • Payments arrive monthly in US dollars from Day 61, which smooths the start of your income.
  • It is a written contractual commitment. We obtain the guarantee contract for your attorney's review before you commit to anything.

What it's not

  • It is not vacancy insurance. It applies only while the property is tenanted, an important limitation stated here rather than in fine print.
  • It is not bank-backed. It is a promise of Austplan Management Group, a private company. Treat it as an enhancement from a counterparty you assess, rather than the foundation of the deal.
  • It is not the investment case. We underwrite this deal at 4.5 percent without it. A deal that only works because of a guarantee does not work.
The Risk Register

Six real risks, and what mitigates them

If a risk matters to you and is not listed here, ask. We will research it and answer in writing.

RiskThe plain versionMitigation
Construction / completionOff-plan purchase from a private local builder. Delay or failure is possible.Escrowed deposits, staged payments, the builder's record in the DD pack, 10-year warranty
Rent shortfallThe $1,550 projection sits above the $1,225–1,400 market averageUnderwrite at $1,300–1,450. The 24-month 5% floor covers the lease-up period.
Vacancy & turnoverThe guarantee does not cover untenanted periods60-day pre-marketing, a military tenant base with 2 to 3 year stays, reserves built into our base case
Exit liquidity159 investor-owned units could compete at resale once guarantees lapseTownhomes also sell to owner-occupiers at this price point. Completions are staggered. Plan a 7 to 10 year hold rather than a flip.
Guarantee counterpartyBacked by a private company rather than a bankThe deal is underwritten to work without it, and counterparty assessment is part of the DD pack
US estate taxNon-residents receive a $60K exemption, with rates up to 40% above itStructure before closing (entity, insurance or titling) with a cross-border specialist. This is step one of our process.
From Here to Rent Payment

Start with the due-diligence pack, not the deposit

Before you commit anything, we obtain the guarantee and management contracts, deposit escrow terms in writing, the builder's completed-project record and direct references from existing Austplan investors, all reviewed by your own independent US attorney.

STEP 01 · WEEK 1

Strategy call

Thirty minutes by video or phone. Your goals and numbers first, then a frank view on whether Walker's Landing fits you at all.

STEP 02 · WEEKS 1–3

DD pack & advisers

Contracts, escrow terms, builder record and references, with your independent attorney and cross-border tax structuring engaged first.

STEP 03 · WEEKS 2–4

Reserve & structure

Unit reserved with the deposit held in escrow. US LLC formed, EIN and ITIN obtained, US bank account opened.

STEP 04 · MONTHS 1–6

Construction

Monthly photo and video progress reports, with inspections and certifications as the buildings complete.

STEP 05 · MONTHS 6–7

Tenant & remote closing

Tenant marketing from 60 days out, then e-closing through a licensed title company. No travel at any point.

STEP 06 · DAY 61 →

Income & reporting

Guaranteed payments begin. Rent is auto-deposited monthly with statements, quarterly photo inspections and an annual tax pack.

The Next Step

Request the Walker's Landing due-diligence pack

We will walk you through every document on a call. If the diligence does not satisfy you, walking away costs nothing.