Westwood Condominiums Lethbridge
Earn up to 15% per year.
Investment by Offering Memorandum. Located less than a five minutes’ walk from the University of Lethbridge (15,000 residents together with Lethbridge Community College), the 75 apartments are fully rented and provide a healthy cash flow.
The professional management team has over 80 years of collective real estate experience. A fixed rate of return is serviced by the stable rental income of the property while capital growth potential is enhanced by the location and future economic indicators of the region. Profit participation is realized by a phased renovation plan and subsequent conversion from rental to ownership condominiums over an estimated period of 3 to 5 years.
YOUR INVESTMENT OPPORTUNITY
- Investment Units comprised of a $1,000 fixed rate participating bond
- Minimum investment of 10 Units ($10,000); additional investments in 1 Unit ($1,000) increments
- Bonds earns 4% fixed annual returns serviced by rental income; secured by an interest reserve; paid quarterly
- Forecasted combined annual returns of 15% after renovations and re-sale have been completed
- Estimated term of 3 to 5 years
- RRSP, RRIF, and TFSA eligible
- Investment Offering of only $2,800,000 (2,800 Bonds)
- Multiple exit (sale) options
- Investors receive 60% of the profits; after their capital has been repaid; and the interest on their Bonds has been paid
- Developer only participates in 40% of profits after 100% return of investor principal
Call us at 403.456.3006 to request your investor information package or go to www.westwoodlethbridge.ca
Disclaimer
This brochure summary has been prepared for informational purposes only and does not constitute an offering of securities, and cannot be relied upon for making your investment decision. This summary is qualified in its entirety by the applicable Offering Memorandum. Reference should be made to the Offering Memorandum prior to determining whether the securities are a suitable investment for purchase. Please read the Offering Memorandum in its entirety before investing. This investment is not guaranteed or insured, and its value changes depending, among other things, on economic factors and market trends. This summary may vary from that presented in the Offering Memorandum. All capitalized terms and phrases in this brochure which are not otherwise defined herein shall have the meanings set out in the Offering Memorandum. This summary contains forward-looking statements including speculation or stated beliefs about future events, such as market and economic conditions, company or security performance or other projections. Forward-looking statements are based on the opinions and estimates of management at the date the information is given, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements.
CPI’s scope of involvement is strictly limited to the production and distribution of marketing materials and information of a factual or general nature regarding the resort project and investment opportunity in the Condo-Condo Capital Corporation Offering Memorandum. CPI will not and cannot offer financial, suitability or tax advice to the prospective investor. CPI encourages all prospective investors to independently seek advice from their personal advisor. All communications and telephone calls between investors, prospects and CPI Group are digitally recorded and stored and may be monitored for training purposes and to ensure compliance with applicable securities legislation.
