Harvest Lakes
Investment Metrics
About This Offering
Treaty Oak Developers Series 1, LLC and Treaty Oak Developers, LLC (“Treaty Oak Funds”) successfully closed on a sub-market, single-family development in Cleveland, Texas.
Harvest Lakes was a 183-acre tract in Cleveland, TX. This sub-market project featured 2,400 feet of prime frontage on highway 105. The community included 625 fifty-foot lots, complemented by a pool and playground with a recreation center. This fund has closed, and the development was sold to a local developer.
This development was funded by an investor group, which contributed $2.975 million. The deal was structured with a preferred simple interest rate of 12% and a 50% profit share. As a result, the investor group received a total return of $4.381 million.
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