NORTH BRANCH FOX RUN

21.8%

Projected IRR

1.25

Projected Equity Multiple

15 Month

Investment Period

OFFERING SUMMARY

This single-family home development is located approximately 45 minutes north of Minneapolis in the budding community of North Branch, MN. The site holds 34 lots the Centra team is developing into single-family homes. Centra Homes, LLC, an affiliate of Centra Capital Partners, purchased the first four lots and has already commenced construction. This was intended to give the project momentum and kick-start home sales. 

The remaining 30 units are available for investment. North Branch Fox Run is a commuter-friendly community being built near the local elementary school and high school. Its within a 15 minute drive of 10 different parks and located near the local library and golf course. The different home styles being built in the North Branch Fox Run community are targeted toward first-time buyers and empty nesters. The average retail price of these homes is expected to be below the median list price of homes in North Branch, making this an attractive community for buyers. 

KEY METRICS:

Projected IRR: 21.8%

Targeted Equity Multiple: 1.25

Investment Period: 15 Months

Preferred Returns: 8%

HYPOTHETICAL INVESTMENT

The table below shows the full 15-month projected distributions of preferred return, return of capital and
pro-rata share of 50% of profits.

For every $100,000 invested, we are projecting total returns will be $24,893.

Schedule a call with our Investor Relations team