DBPI Equity Capital raise for the NorthStar Flex Space Project that's ready to break ground in Parker, CO. The funds are secured by a Deed of Trust and Note with APR of 12 % for those that participate., plus there's participation in the back end profit made by NorthStar Flex. This should equate to approximately one percent ( 1%) additional interest, for an estimated total of 13% APR. All Investors must be accredited.
Minimum Investment of $ 100,000
Project Information
NorthStar Flex Space project consist of 2 Flex Space buildings built in the heart of Parker, CO. Buildings A & B are 31,184 total sq ft. This shovel ready project has 28 reservations to purchase units, Each building consists of 9 units for a total of 18 units. Additionally, there are already 5 Purchase contracts signed with deposits being taken before the NorthStar Flex has broken ground. Total project cost which includes (Construction loan, equity participation, all interest carry, and builders contingency ) of $ 12,000,000 with resale value of $14,200,000. Builder/Owner - principle has 30+ years as licensed Contractor, land developer and has built over 1000 units consisting of multifamily, single family and commercial building units.
For more information Contact Noel DiLapo.
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