- Published: 28 January 2009
Dear Valued Investor:
A long time friend and associate of mine who I have known for many years has brought to my attention a real estate opportunity his company is working on. It is RRSP eligible and there is also a way to utilize the new Tax Free Savings Account also. On my last discussion with him, he told me 75% of the funds have been raised, not much room left.
The Opportunity:
Located on the outskirts of the Calgary City Limits this land development project represents an opportunity to profit from the development rich Calgary Northern region. The Structure Plan incorporates 152 acres of land which includes a master planned community with commercial, residential, existing town owned land and the Town's Community School. The investible property is anticipated to become some of the most desirable land in the Town. The land is situated at close proximity to the town center and a neighbouring 18 hole golf course. The anticipated investment term ranges from 3 to 5 years. Investments are secured against the value of the land which has been assessed 40% higher than the purchase price.
Property Highlights
· 125 acres of mixed use development property
· Neighbouring 18 hole golf course
· Commercial land to have frontage on 2 hiways
· Adjacent to the town's Community School
· 462 large single family lots
· Over 10 acres of prime commercial land
Economic Drivers
· Calgary Ring Road to decrease travel times and shorten “time-distance” for commuters
· Massive industrial park in NE Calgary consisting of 10 new developments set to create over 30,000 jobs
· The Town's commuter bus to take citizens to and from Calgary downtown core
· Largest population increase in town history with a 17.8% increase from 2001-2006
Investment Highlights
· Projected rate of return over 19% annually
· Cash & RSP eligible
· Profit sharing 60/40 split favouring investors
· Entirely secured by mortgage against the land
Risk & Disclosure
This is one of many Real Estate Opportunities this group has to offer in the rapidly growing province of Alberta. StockJunction.com has not been paid for this advertisement but may be paid a commission in the future based on interest generated from this article. Real Estate, as in any investment, carries a certain degree of risk.