* NOT OPEN FOR NEW INVESTMENT *
Carlton James Commercial Real Estate Ltd presents SW – Watford. A development of 112 room hotel and conference centre in the heart of the Bakken.
Total Investment required – $21.5M USD
Minimum Investment - $50,000 USD
Fixed Investment term – 2 years
Return on capital – 45% (plus initial investment returned)
The Bakken Oil Fields in North Dakota have had a new lease of life. North Dakota has currently moved to the second largest oil producing state in the United States and is set to move to the top spot.
North Dakota has had the USA`s most robust economy over the past five years. It is tops for job growth (2.3% annually), income growth (4.3%), gross state product growth (6.3%) and unemployment (3% average). The outlook is strong too with the nation’s top job growth forecast over the next five years. Credit the development of the Bakken oil shale fields in the western part of the state for much of the growth, as well as thriving technology and service sectors.
Payments of investment returns from Minnesota Investments Ltd to investors will also be made twice yearly, six monthly in arrears.
Against this strong economic background, Carlton James Commercial Real Estate Ltd is funding the development of a new high quality 112 room hotel and conference centre with room and laundry service, swimming pool, serviced gym, underground parking and 150 cover bar and restaurant for both eat in and takeaway service. The hotel will also have full retail outlet connection with New Watford Retail Centre.