A new investment opportunity has opened up this month for accredited investors who are interested in diversifying their portfolio through real estate projects. Centra Capital Partners is offering the opportunity to invest in Waterfront Village, a community development project located in the city of Ramsey, MN. The development project includes 110 lots which the Centra team will develop over the next six years. The homes being built are detached townhomes and sales will begin in the fall of 2024.
Centra has worked closely with the City of Ramsey to design this community development project, which will be an important part of the city’s COR neighborhood, designated for downtown mixed-use development. The community’s design incorporates features such as walkable trails, making it an attractive neighborhood for commuters moving to the area for work and for first-time home buyers who are looking for an affordable and beautiful community to start their family.
“We have a long-standing relationship with the city of Ramsey, having built and sold homes in the COR neighborhood since 2018,” said Paul Tabone, Vice President of Land at Centra Capital Partners. “Centra has taken great care to artfully design a community that encompasses the city’s vision while carefully analyzing the market to ensure the homes being built are in alignment with the area’s future needs.”
Ramsey is currently the second fastest-growing city in Anoka County, and this growth trend is expected to continue in the near future. The city is situated just 30 minutes away from downtown Minneapolis/St. Paul, which is a region experiencing rapid growth due to its availability of economic and employment opportunities. This area is home to 14 Fortune 500 companies, and the Metropolitan Council has predicted that the region’s population will increase by 657,000 residents by the year 2050.
“This area has so much real estate investment potential,” said Dale Wills, owner and founder of Centra Capital Partners. “The city is already investing in improved transportation and retail projects in the COR neighborhood. In the coming years, the marketability of these beautifully crafted homes is going to increase, and Waterfront Village will be an even more attractive community to homebuyers.”
Centra Capital Partners is an organization that aims to assist accredited investors in creating wealth while contributing to society’s development. The minimum investment for this project is $100,000.
