Legacy Autoplex — private auto condominium development
Private  ·  Limited Positions  ·  By Invitation

A $44.5M
Revenue Project. Zero Direct Competition.

Legacy Autoplex is a presale-driven, phased auto condominium development in Ham Lake, Minnesota. Every comparable facility in the Twin Cities has sold out. We are the only project of this type in the northeast metro — and we're accepting a limited number of private investment positions.

8% Preferred Return
Return of Capital First
10% Profit Participation
Founding Investor Benefits
$44.5M
Projected Gross Sales Revenue
99 of 100 units sold. Developer retains one Large showroom unit as permanent asset.
AutoMotorPlex Sold Out
146 units in Chanhassen. 180 in Medina. Both sold out. Demand for this product is proven in this exact market.
0
Competing Facilities Within 20 Miles
Legacy Autoplex is the only private auto condominium community in the northeast Twin Cities metro.
01 —The Thesis

Why auto condominiums.
Why now. Why here.

Private ownership garage condominiums are among the fastest-growing niche real estate products in the United States. They're not a trend — they're a proven, sellable asset class with documented sell-out history in this exact market.

AutoMotorPlex developed 146 units in Chanhassen, Minnesota. Sold out. Built 180 more in Medina. Sold out again. The buyer — a successful professional, business owner, or retiree with a vehicle collection and disposable income — is abundant in the Twin Cities market. And the northeast corridor is completely unserved.

Legacy Autoplex is positioned at 16522 Buchanan St NE, Ham Lake — a 9.15-acre site with direct highway frontage, CD-1 zoning (no rezoning required), and 20-minute access to over one million residents in the northeast metro.

There is no competing private auto condo facility within 20 miles. The site is locked under a signed purchase agreement. Construction financing is in place with Granite Bank, Champlin, Minnesota.

Request the Investor Package
02 —The Numbers

The financial case
is straightforward.

A compelling return on a proven product. The presale model means no speculative construction — every building phase is fully committed before breaking ground.

Total Site9.15 acres · ~6.5 acres net buildable
Total Units100 individually deeded garage condominiums
Unit SizesSmall (800 SF · $310K) · Medium (1,200 SF · $449K) · Large (1,800 SF · $625K)
Total Development Cost~$14,500,000
Projected Gross Revenue~$44,500,000
Estimated Net Profit~$30,000,000+
Construction LenderGranite Bank, Champlin, Minnesota
Development ModelPresale-gated · 100% presold before each build phase
Land$797,000 · Signed purchase agreement

All figures are estimates based on current project planning. Actual returns will depend on final project performance. Investment involves risk — review all offering materials carefully.

03 —How Investors Participate

Structured for
investor protection.

8%
Preferred Return
Investors receive an 8% annual preferred return on committed capital before any profit distributions are made to the development team. Your return compounds ahead of everyone else.
1st
Return of Capital First
Before any profit is distributed, investor capital is returned in full. You don't participate in upside until you've been made whole. Capital protection before profit.
10%
Profit Participation
After preferred return and return of capital, investors participate in 10% of total project profit. This aligns investor and developer incentives through every phase.
04 —The Investor Advantage

Investors don't
just earn —
they can own.

Legacy Autoplex investors receive exclusive benefits beyond financial returns — including priority access to purchase units.

Legacy Autoplex — luxury auto condominium collection
Early Unit Selection
Investors receive first access to choose their preferred unit before public sales open. Prime locations, preferred orientations, and end-bay Large units are reserved for founding investors.
Preferred Pricing
Investors who elect to purchase a unit receive preferred pricing not available to the general public — creating a path to both earn a return and secure a premium asset at below-market entry.
Founding Investor Status
A small number of investors will hold Founding Investor positions — recognized as original capital partners. This is not a public offering. Positions are private, limited, and offered by invitation.
Legacy Alliance Membership
If you elect to purchase a unit, you receive automatic enrollment in the Legacy Alliance private networking club — monthly events, clubhouse access, and a community of collectors and investors.
05 —Development Strategy

Phased. Presold.
De-Risked.

No building phase commences construction until 100% of units in that phase are under binding purchase agreements.

01
Months 1–6
Land Acquisition & Entitlement
Site acquisition at $797,000 (signed purchase agreement). Zoning, permits, engineering, and development approvals secured. Brand and sales infrastructure established. Legacy Autoplex launches to market.
02
Experience Center
Three-Unit Proof of Concept
Three units constructed — one Small, one Medium, one Large. The Large unit is finished as the permanent sales office and showroom. This phase validates the product for buyers before full presales begin. Only phase not requiring 100% presale.
03
100% Presale-Gated
First Full Building (~32 Units)
Construction begins only after every unit in this phase is under binding purchase agreement. Capital is protected by confirmed demand before a single dollar of construction is committed.
4A
100% Presale-Gated
Second Full Building (~32 Units)
Same presale discipline applied. The market has now seen a completed building. Sales velocity accelerates with proof-of-product on-site.
4B
Final Phase
Last Building + Legacy Alliance Clubhouse
Final ~33 units plus the Legacy Alliance Clubhouse — golf simulator, cigar lounge, bar and lounge, two outdoor pickleball courts, putting green, and two self-service car wash bays. Built along the rear perimeter where outdoor amenities make ideal use of land that cannot support building construction.
06 —Why Act Now

Five reasons this
opportunity is time-sensitive.

01
Proven product, unproven market
Garage condos have sold out in every market they've entered in the Twin Cities. Legacy Autoplex enters with zero direct competition in the northeast corridor.
02
Presale-gated model reduces risk
No speculative construction. Every building phase is funded by confirmed buyer demand before breaking ground. Investor capital is structurally protected.
03
The site is locked
A signed purchase agreement is in place at $797,000. This location — 9.15 acres, CD-1 zoning, direct Buchanan Street frontage — is secured. No rezoning risk.
04
Construction financing is in place
Granite Bank, Champlin, Minnesota is the construction lender. The institutional infrastructure is built. This is not a speculative raise — it's a structured deal.
05
Positions are limited and private
This is not a public raise. A small number of private investment positions are being offered to qualified individuals. When they're filled, they're filled.
07 —Request Information

Request private
investor information.

Complete the form. Nate Olson and the Legacy Autoplex team will reach out within one business day to schedule a call and share the full investor package.

All inquiries are strictly confidential. This is a private offering. Positions are limited.

Investor Inquiry

Private  ·  Confidential  ·  Limited Positions

This is a private offering. Submitting this form does not constitute a commitment to invest. All financial projections are estimates. Investment involves risk.

Limited Private Positions

AutoMotorPlex sold out 326 units in two phases.
Legacy Autoplex is next.

The window on private investment positions is short. Investor positions are being offered now — before public sales launch — to a select group of individuals who see the opportunity before the market does.

Request Private Investor Information