Projects / Santaquin Flex
Earn a 15% preferred return in 24 months.
Summit Harbor Flex – Santaquin: 28 brick and steel flex condos for small business owners at 120 East Highland Drive, Santaquin, Utah.
- Preferred return
- 15%/yr
- Term
- 24 months
- Raise
- $2.5M
The investment
Your capital funds Phase 1. Sales pay you back.
- Total raise
- $2,500,000
- Minimum investment
- [MIN]
- Structure
- Mezzanine equity in a single-purpose LLC
- Investors
- 6–20 accredited investors
- Phase 1
- 10 units
- Full project
- 28 units, 3 phases
A preferred return is not a guarantee. All investments carry risk, including loss of principal. Offered to accredited investors only. Review the offering documents before investing.
120 East Highland Drive, Santaquin, UT
Built for business owners who want to own, not rent
Two-story brick and steel units with glass garage doors, their own signage, ample parking, and mountain views. Each unit sells individually, so every sale moves your capital closer to coming back.
- Unit size
- 2,600 SF
- Levels
- 2
- Target sale price
- $350/SF
- Price per unit
- $910,000
Why Santaquin, why now
South Utah County is growing fast, and the small businesses that follow new homes need somewhere to work.
Less than a mile from I-15
Freeway visibility and a regional draw from Payson, Salem, Spanish Fork, and Juab County.
Rooftops bring businesses
Thousands of new homes are coming, and commercial demand follows them.
Priced-out buyers moving south
Small businesses priced out of Lehi, American Fork, and Draper are looking south for space.
Built for the trades
Electricians, HVAC, landscapers, contractors, and fabricators are natural flex condo buyers.
Flex space flexes
Office, warehouse, showroom, storage, and fulfillment in one unit, so demand comes from many kinds of buyers.
Zoning secured
Two-plus years of entitlement work are done: zoning in place, boundary agreements signed, site engineered.
Three phases. Your capital goes into the first.
Phase 1 is funded by investor equity and a construction loan. Phase 1 sales, together with bank financing, fund Phase 2, and Phase 2 sales fund Phase 3.
Funded by the $2.5M investor raise plus a senior construction loan.
Funded by Phase 1 sale proceeds and bank financing.
Funded by Phase 2 sale proceeds and bank financing.
How you get paid
Investors are paid their capital and preferred return before the developer shares in any profit.
Units sell
Phase 1 sale proceeds flow into the project as units close.
Construction loan repaid
The senior lender is repaid first.
Your capital returned
Your invested capital comes back to you.
Your 15% preferred return
You receive your 15% annual preferred return.
Developer profit
Remaining profit goes to the developer only after investors are paid.
Want a unit of your own? Investors get 5% off.
As an investor, you can buy one available unit at 5% below its listed price. On a $910,000 unit, that's $45,500 in equity at closing.
Limited time, first come first served, one discounted unit per investor, subject to availability. Example is illustrative. Terms are governed by the final subscription documents.Building design
Each building is 129 feet long and 42 feet deep, with about 5,300 leasable square feet on each level.
How you earn your 15% preferred return
Pick your project
See the property, the location, and what your capital will fund.
Get the investor packet
Read the projections, plan, and terms on your own time.
Talk with our team
Ask anything. We walk you through the numbers and answer every question.
Invest for the term
We guide you through the paperwork and keep you updated until your capital comes back.
15% preferred return. 24 months. See the full numbers.
Get the Santaquin Flex investor packet with the full proforma, plan, and terms before the $2,500,000 raise fills.
A preferred return is not a guarantee. All investments carry risk, including loss of principal. Offered to accredited investors only. Review the offering documents before investing.