GALWE - Ligue Marc Marcel Djo

8/12/2019 GALWE - Ligue Marc Marcel Djo

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CANADA

NORTH DAKOTA

MONTANA

Trenton

Watford City Bakken Oil field

Montana

Great

LodgeAmerican

Core oileconomicactivity

Watford East

Property Investment Opportunity on theUSAs Largest Oileld

Bakken Oileld, USA

3 Award winning developer as featured in global media such as the Financial

Times and the renowned publication The Economist3 Up to 34% net in year one3 Invest from $59,950 for a Executive Studio

3 Studios come with a 999 year lease on the land 3 Invest with condence in the developer who already has two operational

sites under management

3 Strong rental demand - over 15,000 oil and service sector workers and rising 3 Rental income supported by the worlds largest oil companies including

ExxonMobil, Chevron, Halliburton, Hess, BP and Schlumberger

EXECUTIVE HOTEL STUDIOS

Great American Lodge - Watford EastFully serviced workforce accommodation

Ligue Marc Marcel Djo Presents


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Summary

Investment Potential

With the success of North Dakota Developmentsprojects; Great Amercian Lodge Watford City (phase1 opened in late 2013), Trenton (343 rooms undermanagement) and Montana (sold out in 3 months),

we are pleased to introduce their latest Great American Lodge project on the Bakken Oileld;Great American Lodge Watford East.

Located east of Watford City, North Dakota, inthe heart of the oil activity, this new fully servicedworkforce accommodation will consist of over 450rooms. This new location, complements our existingportfolio of projects in the Bakken Oileld.

The award winning developer have a rm footholdin the Bakken Oileld region even featuring in the

December 2013 edition of The Economist as part ofan article on the Bakken region.

The USA is the worlds largest consumer of oil. It isalso in the fortunate position of having discoveredone of the largest oilelds on the planet known as theBakken Formation, which has led the InternationalEnergy Agency to predict that the US will becomethe worlds top oil producer by 2017.

The Bakken Formation is causing a stir across theworld and has been featured recently by CNN,

National Geographic, Time Magazine, BBC andthe Wall Street Journal. This is new, current andcausing waves across the USA as engineers, oil,service sector workers and labourers ock to NorthDakota and eastern Montana in search of jobs andopportunities, where even manual labourers arepaid as much as $150 per hour. Of course, it goeswithout saying that the large oil companies such asExxonMobil, Chevron and Halliburton are alreadyheavily involved.

The Bakken Formations explosive economicimpact and its remote location have created aunique situation, with some 15,000+ oil and servicesector workers currently struggling to nd suitableaccommodation. Thousands are being forced tosleep in tents or in their cars, in an area where up to-50C temperatures are common.

This is where North Dakota Developments comes in,offering low cost, technologically advanced and highend Executive Hotel Studios. The Executive HotelStudios provide the high quality accommodationoption that the oil and service sector workers arelacking. These Studios are therefore positionedto take advantage of income supported by oilcompanies.

While the rest of the country was sinking into recession, North Dakota never did. Other states nursed budget decits, but North Dakota, even now, has a surplus... A rise in oil production here,especially, served as an antidote to any whiff of whatthe rest of the nation was witnessing.

New York TimesCONTACT US (+225) 48869139

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z Up to 34% net initial rental yield

z

999 year lease on the land z 15,000+ oil and service sector workers with no suitableaccommodation and rising

z Rental income supported by multinational oil companies

z Realistic occupancy rates of over 90% in the area withincreasing demand but supply of suitable and correctlylicensed workforce accommodation facing challenges

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INVEST FROM $59,950EARN 34% NET RENTAL YIELDS PER ANNUMINVEST WITH AN AWARD WINNING DEVELOPER

AS FEATURED IN THE ECONOMIST

The Location - Booming Bakken Oileld At the heart of the astonishing US oil boom is the Bakken Oileld, which is enabling North Dakota and parts of Montanato defy the laws of economics during the current economic climate. With more oil in reserves than Saudi Arabia and theUAE combined, the pressures from this rapid growth are evident. According to recent reports there could be as much as24 billion barrels of oil in the Bakken Formation, more than double the amount originally thought.

With wells drilled in theBakken during the past three

years, there is signicant new geological information. Withever advancing productiontechnologies, this could mean

more oil could potentially be

recovered in the formation.

Ken SalazarUSA Secretary of the Interior

As a result of this incredible prosperity and with money ooding thearea, counties located within the Bakken Oileld have the lowestunemployment rate in the USA, with less than 1% unemploymentin some locations. Naturally, land prices are rising dramatically.

Currently only a tiny fraction of the 45,000 (and rising) oil andservice sector workers have suitable accommodation. The vastmajority are sleeping in their cars, tents or trailer parks. The BakkenFormations location just below Canada means the weather canbe extremely cold, creating a health and safety nightmare forthe multinational oil companies looking to ensure the health andwelfare of their staff.

The situation has created an incredible, untapped opportunity toprovide accommodation in this area for the thousands of cash-richoil and service sector workers struggling to nd somewhere to live.

As oil productionfrom the Bakkenformation continuesto set records,the sheer pace and

scale of the boom is still unfolding.

Stanford University/ Headwaters Economics

CANADA

NORTH DAKOTA

MONTANA

Trenton

Watford City Bakken Oilfield

Montana

Great

LodgeAmerican

Core oileconomicactivity

Watford East

This map represents the extent of the Bakken Oileld region and the core oil activity


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The DevelopmentGreat American Lodge Watford EastThe small percentage of Bakken workers lucky enoughto have accommodation are often living in substandardsingle rooms with shared basic facilities commandingextortionate rent. The developer and their management

company have changed this with their new Great American Lodge serviced hotel developments. Theyare all ideally located with a range of amenities andfacilities. The high quality, affordable accommodation,with its full range of recreational facilities and services,will ensure oil workers commit to long term contracts.Furthermore, a high quality, fully equipped on-siterestaurant, manned by qualied chefs, will provide a hostof nutritious meals 24 hours a day. Companies such asExxonMobil, Chevron, Halliburton, Hess, Schlumbergerand BP* are particularly interested in such a premiumservice offering. This will ensure that Great AmericanLodges will be their rst choice when accommodatingtheir workforce.

Workers and their companies will benet from thisaccommodation which is ideally located within a shortdrive of hundreds of oil wells and drilling sites, creatinga signicant cost saving in terms of travel time.Furthermore the quality of the amenities andaccommodation greatly assist the oil companies inrecruitment and retention of oil workers.*Oil companies depicted above are active in the Bakken Region and are not necessarily associated with us or the developer

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CONTACT US (+225) 48869139

As the epitome of comfort and desirability,Great American Lodge Watford East will provide thefollowing range of recreational facilities:

3 Communal and comfortable lounge area

3 Restaurant

3 Fully equipped gym with the latest tnessmachines

3 Mudroom including lockers, with boot dryers

3 Free guest laundry

3 Washer and dryer units plus folding area

3 Pool and card tables

3 Plenty of parking with block heater plug-ins

3 Key code entry locks

3 Satellite TV in all studios

3 Large television room with satellite TV adjoiningthe spacious recreation room

3 Cinema

3 Bank / ATM Check cashing

3 Meeting / board room

3 High end foyer with check in area

3 Snack shop

3 High speed Wi-Fi in all common areas andstudios

An artists impression of the large amenitiesbuilding providing excellent facilitiesfor oil and service sector workers


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INVEST WITH AN AWARD WINNING DEVELOPER

AS FEATURED IN THE ECONOMISTImages shown for illustrative purposes only

Great American Lodge Watford City, fullyoperational since November 2013

An aerial view of the full serviced hotel, Great American Lodge Watford East

Great American Lodge Trenton restaurant undermanagement since January 2014


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CONTACT US (+225) 48869139

As the epitome of comfort and desirability,Great American Lodge Watford East will includea community amenities building providing a range

of recreational facilities.

Amenities Building


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Image shown for illustrative purposes only


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The AccommodationHigh quality executive hotel studios

Each Executive Hotel Studio will come fully furnishedwith high specication ttings, xtures and furnishingsincluding:

1. Fully tted shower & bathroom

2. Coffee machine3. Microwave4. Refrigerator5. HVAC unit6. Double bed with under-bed storage7. Quality bed linen, mattress and pillows8. Built in wardrobe/shelves9. Large at screen and satellite television

10. Vinyl ooring throughout

Also included:Full cutlery & crockery set

Attached lighting xtures

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North Dakota has a novel problem: plenty

of jobs, but nowhereto put the people who

hold them. New York Times

Great American Lodge Watford East consists of onecommunal amenities building with rooms locatedalong ve adjoining corridors. Each Executive HotelStudio is accessed through these internal corridorsand housed in a wing of 12, consisting of two suitesof 6 studios. The amenities on site are operated byexperienced professionals.

The Executive Hotel Studios also offer a high quality,spacious and fully furnished living space, plus privatebathroom and kitchenette.

This offers a truly unique community experience forthe oil and service sector workers, where they cancook their own meals instead of eating out all the time,along with the chance to socialise with other workers.This is something that other accommodation choicesdo not offer and will ensure that the Executive HotelStudios achieve not only maximum occupancy levels,but that each worker will stay for an extended period.

CONTACT US (+225) 48869139 Images shown for illustrative purposes only


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Occupancy at standard hotels in North Dakota are typically 95% to 98% and rates range fromUS$169 to US$259 per night.

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24

3

1

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Our fully furnished, feature rich, Executive Hotel Studios are nished to the veryhighest quality, setting the standard for comfortable accommodation for the oil andservice sector workers.

Tom Rolfstad,Executive Director of the Williston

Economic Development Commission

External footprint 160 sq ft


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Rental Income PotentialThe Largest Oil Field in the USAWith an estimated 24 billion barrels of recoverable oil using todays technology (out of around 650billion available) and more oil than Saudi Arabia and the UAE combined, the Bakken Oileld is generatingincredible wealth and creating job opportunities for the next 60-80 years

This means your investment will provide long term passive income.

15,000 Oil and Service Sector Workers WithoutProper Accommodation and RisingWith such a huge number of workers sleeping in tents, trailer parks and even their own cars unable to ndsuitable accommodation, there is an urgent unmet demand for quality, furnished lodgings. Other companiesare experiencing a very difcult time building in the Bakken Region due to a lack of knowledge, contacts andexperience, and on occasion, as soon as they send workers to build the site their staff are poached! Byusing cutting edge building technology, North Dakota Developments are able to build the main structureoff-site as it is a commercial modular lodging, and then transport it to the construction site, thus eliminatingthis problem and meet the demand. This not only ensures high occupancy rates but an opportunityfor solid rental income for investors.

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CONTACT US (+225) 48869139

North Dakota Developments, is trucking ready- made six-room housing units from Minnesota and erecting them in what used to be a corneld.Robert Gavin,[Group CEO] says demand is so

strong that he expects to recoup the developmentcosts in a single year.

The Economist, December 2013


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I m a g e s h o w n

f o r i l l u s t r a

t i v e p u r p o s e s o n l y

This year, domestic crude oil production should rise by10%, and within ve years the United States is likely to breakthe record output high reached more than two decades ago,

to irt with the position of top world producer.Michael Cohen, Senior Oil Market Analyst,International Energy Agency, January 2013

Rental Income Supported by International Oil CompaniesIt is common for large oil companies such as ExxonMobil, Chevron, Halliburton, Hess, Schlumberger andBP to provide housing and accommodation allowances for their workers, in some cases paying the propertyowner directly. This is one of the perks of working on an oileld site.

This provides investors with a credible and consistent rental income for the long term.

Providing Quality Workforce Accommodation for Bakken Regions Oil Industry As previously stated, to differentiate from the limited accommodation solutions in North Dakota, thedeveloper is delivering Great American Lodge branded hotel developments to a high standard. The on siteamenities and facilities will be operated by experienced and professional staff.

This will ensure your Executive Hotel Studio will be the rst choice among oil and service sectorworkers.

Great American Lodge Watford East, Your Home Your Way, providing qualityaccomodation for oil workers to relax and recoup after long shifts on the oil wells


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North Dakota and neighbouring counties inMontana are ranked #1

in the US according tothe Bloomberg EconomicEvaluation of States Index

OverviewNorth Dakota Developments commissioned anindependent consultancy to undertake a market analysisof the Watford City area. The independent consultancy areexperts who have also carried out reports for multi-billiondollar equity groups. This analysis outlines the supply oftemporary housing in McKenzie County and makes marketrecommendations. This extensive work substantiates thefoundations upon which this property investment is based,including:

3 Massive supply and demand imbalance 3 High occupancy rates

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Strong and sustained demand growth 3 Competitive prices per night 3 Quality, fully serviced workforce accommodation

High yields are achievable by the unique economicand social conditions prevalent in North Dakota.

The analysis undertaken by the independentconsultancy looked at macro and micro economicimpacts as well as comparable, such as temporaryaccommodation of various standards in thecounty, hotels and recreational vehicle (RV) parks.

North Dakota - Oil IndustryThe key points reported by the market analysis include:

z North Dakota is the 2nd largest oil producer in theUS, surpassing California and Alaska

z The oil and gas industry North Dakota increasedsevenfold since 2005, to $30 billion in 2012

z In 2006, 422 well permits were issued in NorthDakota, rising to 2,552 in 2012. An additional 1,068permits were issued in the rst ve months of 2013alone

z There are now over 8,750 active oil wells in NorthDakota and rising, up to 150,000 forecast

z It is estimated that there are upwards of 500 jobsassociated with drilling one oil well, not includingadditional work to the wells including re-fracking

Independent Market Analysis Report

Bakken oil output to be 1.1 million barrelsa day in 2014. This will grow to 1.7 millionbarrels per day in 2020.

Wood Mackenzie

CONTACT US (+225) 48869139

Great American Lodge Watford East isarranged to provide a community feel


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McKenzie County, Watford EastSituated in the east of North Dakota is McKenzie County,where the Williston Basin region of the Bakken Oileldlies, the largest focus of the oil production. The marketanalysis reports provides some very clear conclusionsincluding the following:

z McKenzie County alone, accounts for 39% of all activedrilling rigs in North Dakota

z With up to 150,000 oil wells required, it will take18 20 years to put them in place

z Each oil well has an expected life of 28 - 30 years

z A total of 45,000 - 50,000 additional jobs will be createdin the region that will last 30 50 years

z The total population of the county will double over

the next 10 years mainly due to oil and service sectorworkers

z In the next 10 years total demand for temporaryaccommodation will more than double from 5,414beds to 13,944

z There are 646 hotel rooms in the county (only anadditional 92 rooms planned) and 953 RV sites

Room Rates and OccupancyThe market analysis report concluded with information oncurrent room rates and occupancy for temporary housingin McKenzie County:

Overall, the limited number of temporary housingdevelopments in the county obtain rates of between $120(for basic accommodation) to $160 per night, for a fullserviced hotel with amenities.

ConclusionThe independent consultancy concluded that:

This strong set of evidence demonstrates that therewill be massive demand for Great American Lodgesaccommodation offering and that this is likely to besustainable for many years too.

We recommend you appoint a specialist full servicehotel management company experienced in workforceaccommodation to maximise your potential returns.

A stated nightly rental rate of $139 isrecommended based on the amenitypackage, management and qualityof a Great American Lodge

Each Executive Hotel Studio comes fullyfurnished with all necessary home comforts


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Exit Strategies

Long Term HoldCompared to the yields and returns offered by bank accounts and the volatility with stocks and shares, a passive rentalincome of up to 34% net makes a tremendous return to hold for the long term.

Sell to an Investor/Fund As a performing property asset achieving a substantial yield and exceptional year-on-year prot, and with an effectivemanagement company in place, this will be an extremely attractive sale to another investor or fund.

Sell to an Oil Worker

With the average salary already over $200,000, oil and service sector workers would be highly interested in purchasingcompleted studios in order to stay in them while saving their rental allowance.

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Smith Travel Research (STR)Hotel Report, North Dakota

Hotel rates in the area have increased by 86% in the past six years


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Summary of CostsLegal and Buying Costs

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CONTACT US (+225) 48869139

Price per Studio $59,950

Booking Fee $2,950

Attorney review of the Purchase andManagement Agreement andBill Of Sale; Lease agreement;Certicate of ownership (includingnotarizing)

$2,935

Oil production from the Bakken shale

is doubling every 18 months and the

eld is now responsible for 10 per

cent of total US output. Financial Times

A bill of sale is a legal document made by a sellerto a purchaser, reporting that on a specic date, at aspecic locality, and for a particular sum of money orother value received, the seller sold to the purchasera specic item of personal, or parcel of real propertyof which he had lawful possession. It is a writteninstrument which evidences the transfer of title topersonal property from the vendor, seller, to the vendee,buyer. The bill of sale document will be certied by thevendors attorney.

z Ownership of a studio is outright through a billof sale

z The rights to the land upon which the studiosits are granted by a lease for 999 years

z The ownership of the individual Executive HotelStudios is identied by a unique identicationplaque mounted in each studio

z Legal and Buying costs per Executive HotelSuite (6 Executive Hotel Studios) - $12,780

z Legal and Buying costs per Executive HotelWing (12 Executive Hotel Studios) - $22,500

z Booking fee discounts available for multiplepurchases

z Property Tax will apply

Purchase Process A Safe and Transparent Process

The purchase process is designed to provide aseamless and secure procedure with a legal packthat provides full transparency. Each investorsfunds are held in an escrow account and onlyreleased to the developer when certain stages ofthe construction are met. They have designed thepurchase in this way in order to be compliant withthe needs of USA laws and regulations.

Complete booking form, and pay thebooking fee. A receipt will be issuedwhen funds have cleared.

Provide copies of passport andrecent utility bill showing homeaddress.

Your legal pack will be sent withinone week of receipt of the bookingfee and relevant paperwork. Thepack will contain your Purchase

Agreement, Lease Agreement andother relevant documents.

Upon signing the purchase agreementand relevant documents in the legalpack, the balance of the purchaseprice* (plus purchasing costs) ispaid into a US escrow account andthen released to the developer uponcompletion of the following stages:

1. 35% of contract price (pluspurchasing costs) on signing ofpurchase contract.

2. 35% on conrmation thatthe studio is ready to shipfrom the factory.**

3. 30% on conrmation that thebuilding is complete andready for occupation.

*Investors are responsible for their own banks transfer fees.**All modular units are currently under construction and will be shipped and installed on site before all studios are sold.

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Secretary of the Interior Sally Jewell. April 2013

These world-class formations contain even more energy resource potential than previously

understood, which is important information as we continue to reduce our

nations dependence onforeign sources of oil.

At the glittering OPP (Overseas Property Professional) Awards for Excellence 2013 ceremony on November 2013 the NorthDakota Developments team, led by Group CEO Robert Gavin, celebrated as the company was named Best Developer North America. Held on Wednesday 27th November 2013 at the majestic Natural History Museum, London, UK, the OPP

Awards for Excellence identied outstanding companies in the global property industry those with great customer service,an impressive portfolio or a spotless track record. OPP Magazine is an industry leading publication with contributions fromproperty experts from around the world.

Robert Gavin, who ew in especially from the North Dakota Developments Kuala Lumpur ofce for OPPLive and the Awards, commented,

I am thrilled to have been awarded the OPP Best Developer North America accolade; the entire team here in the UK, Asia and on the ground out in North Dakota have worked tirelessly in 2013 to bring our rst development, Great AmericanLodge Watford City, to completion and its wonderful for their efforts to be recognised by our peers on this global stage.

We are extremely proud to be delivering a visionary, unique product to the marketand, as this OPP award and sales volumes prove, the reception from both thosewithin the industry and investors directly has been overwhelmingly positive. Buthaving said all that, we must never rest on our laurels but continue to strive forperfection and uphold our hard-earned good reputation.

The OPP Award for Excellence judging panel commented on North DakotaDevelopments saying: An impressive submission that demonstrated clear researchand understanding of their market and product. Good to see a development that is

being created to solve the housing problems around the North Dakota oil elds.This award further underlines the developers credibility being recognised by theirindustry peers.

Award Winning Developer


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First units arrive on site and areinstalled onto the foundations

and the utilities

First Units On Site

Group CEO Robert Gavin isinterviewed by industry leadingOPP (Overseas PropertyProfessional) magazine. Wherehe talks about his plans in NorthDakota

North Dakota Developments Track Record

2013

Global media prole builds up from industry pressto the renowned publication The Economist

North Dakota Developments takes a corneld andturns it into an operational hotel in 8 months

North Dakota Developments has experienced signicant success in 2013. They have taken a highway fronting corneldwith no utilities and turned it into a full serviced Executive Hotel Development, which was named Great American LodgeWatford City. The developer also has four sites. Great American Lodge Trenton, under management which takes the totalnumber of rooms operational to 559, with a further1200 rooms in the pipeline due to be operational in 2014.

North Dakota Developmentsacquired land in a corneld nearWatford City, North Dakota

Land Acquired

Building permits issued and testunits on site. Project to be namedGreat American Lodge Watford City

Permits Issued

Groundworks commenced on the siteto prepare the land for the units andinstallation of the utilities

Groundworks Commenced

January February March April May June July August

CONTACT US (+225) 48869139


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Fracking rush fuels a propertyboom. Correspondent EdCumming invited by North DakotaDevelopments to project site.

216 beds operational in phase 1 ofGreat American Lodge Watford City

Phase 1 Opens

Second project, Great American LodgeTrenton, now under management by

North Dakota Developments

343 Beds Under Management

Within days of opening oil workersalready booking rooms to stay andrental income paid out to investors

Workers Moving In

In an article about investing inthe US, North Dakotas projectsare cited as one to consider

Group CEO Robert Gavininterviewed by a correspondentfrom the renowned publicationThe EconomistSouth East Asias premier

newspaper reports thatHong Kong investorspurchase studios in Great

Amercian Lodge Watford

City to prot from the oilboom

Interview with Robert Gavin onhis success story and how he has

built his property company in NorthDakota over the last 2 years

North Dakota Developmentspresented with Gold Award BestDeveloper - North America byindustry peers

ptember October November December January February March

2014

North Dakota Developments featuredexclusively in an article in the renownedproperty construction industrypublication Construction Today

In line with this success, North Dakota Developments have been increasingly featured in signicant media sources aroundthe world, including the prestigious Financial Times and The Economist. To further underline this success they had theprivilege of winning the Gold Award for Best Property Developer - North America at the internationally recognised OverseasProperty Professional Awards for Excellence event held in London in November 2013.

Just across the North Dakota stateline Great American Lodge Montana ineastern Montana. 300 studios sold in 3months.

Launch of Third Project

Phase 1 of Watford City reaches over70% occupancy

Watford City

Ground works commence on Great American Lodge Montana to clear andprepare for utilities

Montana ground breaking


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Great American Lodge Watford City in OperationWith phase 1 having been open since November 2013. This full serviced hotel development is ideally located on the busyHighway 85 close to many oil wells.

The development has been built to conform to all International Building Code (IBC) regulations and they are perfectlyconstructed to withstand the severe weather conditions in North Dakota.

CONTACT US (+225) 48869139


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On site restaurant

Mud and locker room ATM/banking facilities provided

Snack and convenience store

High end foyer with check in area

A fully furnished Executive Hotel Studio All Executive Hotel Studios come equipped with a atscreen TV and satellite television


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Great American Lodge TrentonThe developers second project, Great American Lodge Trenton has been under management since January 2014. Locatedadjacent to the town of Trenton near Williston close in amongst the oil wells and rigs of Williams County in the Bakken Region.

The development was originally built to meet the budget and convenience end of the accommodation spectrum which suitscertain companies needs who operate in the area.

CONTACT US (+225) 48869139


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Image shown for illustrative purposes only

On Site Restaurant Mud and Locker Room

On Site Gym TV Room

Furnished Hotel Rooms On Site Conference Rooms


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What am I actually purchasing?

Investors are purchasing a fully furnished Executive Hotel Studio(s) with a 999 year lease on the land upon which it islocated. This modular type of accommodation conforms to all International Building Code regulations (2009 IBC), National ElectricalCode (2011 NEC), International Energy Conservation Code (2009 IECC), 2009 Mechanical Code, 2009 Fuel / Gas Codeand Uniform Plumbing Code (2009 UPC) so that the studios can withstand all the climate conditions likely to occur in NorthDakota and are of sound construction and xed into foundations. The Executive Hotel Studios are arranged in wings of 12comprising two suites of 6 each.

Who is the developer?

North Dakota Developments, an award winning developer active in the Bakken Region for 2 years and featured in globalmedia such as the Financial Times and the renowned publication The Economist. They have ofces in Williston - NorthDakota, London - UK, Shanghai - China and Kuala Lumpur - Malaysia.

Is permission needed to build Great American Lodge Watford East?

Permits were granted in 2012 for workforce accommodation to build on site including permission to construct an entrancefrom the highway to the site and the developer has already presented to the county town hall and therefore outline planningcan be considered to be in place. Following a trafc analysis report to be presented to the town hall nal permits whichprovide permission to commence construction will be granted.

Will there be any problems with ensuring that the Executive Hotel Studios are connected to the full range of utilities?No. The Executive Hotel Studios are being fully integrated with all utilities such as electricity, water, sewage and internet.Mains utilities are already installed.

Who is responsible for managing the Executive Hotel Studios and paying the rental income?

You can choose your own full service hotel management company or one from a list provided. The company will need tohandle all of the day to day running and management of your Executive Hotel Studio as a full service hotel package. Thelist does include a company associated to the development company, which we recommend.

What currency do I purchase in? All purchases are in US dollars and payable to an escrow account handled by a US attorney.

CONTACT US (+225) 48869139


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Can I purchase with nance?No. Investment purchases of Executive Hotel Studios is strictly by cash only.

How realistic is the 90% occupancy rate? An independent marketing study projects that Great American Lodge Watford East will achieve an average 95 - 98%occupancy rate, with 100% during the summer months. With very little serviced workforce accommodation in the regionwe feel this 90% occupancy rate gure is very realistic. With 15,000+ workers still with no permanent accommodation andrising in the Bakken Region and the number of workers by far exceeding the number of rooms in McKenzie County, thereis tremendous unmet demand for accommodation. Our home away from home community Executive Hotel Studios offeroil and service sector workers communal and recreational facilities, which no other accommodation in the region does. Thisgives them both independence and somewhere to socialise with colleagues. The result? Higher occupancy rates, moresatised tenants and longer average stays per person, leading to greater rental income for investors.

How do workers pay for their rooms?In most of cases the oil companies provide housing and accommodation allowances for their workers. This is one of theperks of working on an oileld site and provides investors with long term, stable rental income.

Who pays for the upkeep and maintenance of the building?The management company chosen by you, in most cases depending on their terms. The hotel management companyassociated with the developer includes all costs in their fee.

Does the developer have any competition in the area for these kinds of buildings?There is currently little/no competition in the area. Traditional accommodation has much higher build costs and takessignicantly longer to build. Costs are driven up further by the exceptionally high wages that on-site developers have to paydue to the shortage of workers and the loss of workers to the higher paying jobs of the oil companies. The cutting edgetechnology used to produce the Executive Hotel Studios reduces overheads and importantly build time.

What happens if the occupancy rate is not achieved?We are condent that the 90% projected rate will be achieved within 6 months of opening of Great American Lodge WatfordEast and the developers hotel management company for example, already have a team purely dedicated to signing up oilcompanies to long term contracts. They are already active for the other Great American Lodge hotels and target occupancyrates are being achieved. Bear in mind even at an average of 60% over the year the yield would be a very healthy 20%!

Is there a reservation fee?No. As an ofcial approved afliate for the developer, we have negotiated that the booking fee paid to the developer isenough to reserve the Executive Hotel Studios being purchased until the contract has been signed and payment is madeto the escrow account. The booking fee for one studio is $2,950 and larger purchasers are rewarded with discounts formultiple purchases.

What further costs are involved with purchasing?Purchasing costs are $2,935 for a single Executive Hotel Studio, $12,780 for an Executive Hotel Suite comprising of 6studios and $22,500 for a Wing of 12 Executive Hotel Studios (comprising two suites).

Will I need a USA Lawyer/Attorney?No. Pearce & Durick have been appointed as the developers attorney, they review all legal documentation relating to thisinvestment and handle the closing of the purchase for both buyer and seller.

Can you recommend a hotel management company?Yes. We would be pleased to send you information on this.

I would like to invest. How do I proceed?

Please contact us to request the booking form. All you need to do then is complete the form and pay the booking fee.Contracts are then normally issued within 48 hours.


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Next StepsPlease call us to discuss your requirements with one of our propertyconsultants or to request further information on any of the following:

Investment Structure Floorplans Payment Process Availability

Contact details:

Ligue Marc Marcel Djo

(+225) 48869139

[email protected]

GALWE - Ligue Marc Marcel Djo

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