Great American Lodge Watford City is now open, with workers already moving into the 216 completed units of phase one. The 240 units of phase two are under construction and plans are in place for the additional 216 units of phase three.
Great American Lodge Watford City is the first of North Dakota Development’s serviced hotel developments, launched in North Dakota – named as the most stable property market in the US in the Freddie Mac Multi-Indicator Market Index.
More sites are planned over the next three years, providing an excellent opportunity for international property investors to take advantage of the unique situation in the Bakken oilfields.
If you are interested in investing please contact us and we will put you in touch with your nearest North Dakota Developments affiliate.
If you are looking to promote Great American Lodge Watford City please visit our affiliates’ page.
The world we live in continues to be dictated by the supply and demand for commodities, and there are few commodities that are more important globally than oil.
As the world’s largest consumer of oil, the USA is in an incredibly fortunate position to have discovered one of the largest oilfields ever known: the Bakken Formation in North Dakota and eastern Montana.
Naturally, large oil companies such as Exxon Mobil, Chevron and Halliburton are heavily involved in the area. However, due to the newness of the opportunity and the remote location of the Bakken oilfields, there is an incredible shortage of accommodation for the 15,000 oil workers who have raced to be part of the industry.
The small proportion of oil workers who have been lucky enough to find accommodation in the area are often living in substandard single rooms commanding extortionate rent. This situation was the inspiration behind Great American Lodge, which solves the problem of the thousands of cash-rich oil and service sector workers struggling to find somewhere to live by providing them with high quality, affordable accommodation.
As well as providing the oil companies and their workers with a solution to the Bakken region’s accommodation crisis, Great American Lodge also provides investors with an incredible, untapped opportunity to be part of the booming real estate market in North Dakota and eastern Montana.
With their ideal locations, comfortable executive rooms and wide range of leading on-site amenities, Great American Lodge developments are revolutionizing the Bakken area’s accommodation offering. The attractions of the sites encourage workers to commit to long-term, regular tenancies, making them the perfect, high-yielding developments for investors looking to be a part of this truly unique situation.
- Annual rental returns year on year of up to 38.4%
- Rental income supported by multinational oil companies
- Based on 6 Executive Studios including discount
Each Executive Hotel Suite is a stand-alone hotel within the Serviced Hotel Development and consists of six self-contained Executive Hotel Studio.
|Purchase Price||Project Annual Gross Income||Projected Rental Yield||Optional 25% Net Rental assurance|
- Projected rental yields of up to 37.33% per year
- Massive rental demand – 15,000 oil workers, and rising
- Optional 25% Rental assurance
Our Executive Hotel Studios provide the high quality accommodation option that the oil workers are lacking, with rental income supported by some of the world’s largest oil companies.
|Purchase Price||Project Annual Gross Income||Projected Rental Yield||Optional 25% Net Rental Assurance|
|$59,950||$22,381 pa||37.33% pa||$11,990|
- Invest from $33,950
- Projected rental yields of up to 32.96% per year
- Realistic occupancy rates of over 90%
Take advantage of this excellent investment opportunity with a lower entry level by owning a 50% fraction in an Executive Hotel Studio.
|Purchase Price||Project Annual Gross Income||Projected Rental Yield|
|$33,950||$11,190 pa||32.96% pa|