Central & Watkins is the premiere housing development in the attractive and growing city of Kimberley, B.C. Featuring 42 residential units of varying sizes and configurations and 8 nine hundred sq. ft commercial units, ground has been broken already and Phase 1 construction is scheduled for April 2021. We are now offering an opportunity, limited to 20 investors, to invest in this landmark development. As the only major housing development in this growing resort town, Central and Watkins represents an incredible opportunity to engage in a turnkey investment with highly mitigated risk.
Targeted ROI is approximately 15% annually, with a planned three to four year project term. A percentage of interest will be paid annually, with profit sharing at the end of the term. Property values in Kimberley have climbed steadily for several years, marking a 66% increase in average price from 2010. Housing availability is extremely low and there continues to be huge pressure on the market is as more and more people seek solace from the large cities. With 19.4% population growth, outpacing the regional rate of 10.9%, this is one of the hottest markets in British Columbia (stats for 2014-2018).
With a combined total of over 40 years experience in construction and land development throughout Western Canada, Archer Properties is a talented group of professionals who are dedicated to their work, their families, and the neighbourhoods we create.
- 5% rate – between $50,000 – $100,000
- 6.5% rate – between $100,001 – $250,000
- 7.5% rate – between $250,001 – $750,000
- 9% rate – above $750,000
Interest to be paid out annually.
Alternatively, the investor can elect to take an additional 3% on the interest rate and forgo profit sharing. Minimum of $50,000 required for participation. *- price trend quoted from MLS database.
Interested in Exploring this Opportunity?
From 310 Archer Properties Group Inc
This document is for information purposes only and is not an offer to sell, nor a solicitation of an offer to purchase, any securities. It does not purport to contain all of the information that a prospective investor may require and it is not intended to provide any legal, tax or investment advice.
Forward looking information
This document contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Wherever possible, words such as “plans”, “expects”, or “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipates” or “does not anticipate”, “believe”, “intend” and similar expressions or statements certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken occur or be achieved have been used to identify forward-looking information. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to the materially different from any future results, performance or achievements expressed or implied by the forward-looking information. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that we believe to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect.
Any financial projections provided here in are provided solely for illustrating a possible financial scenario and may not be appropriate for any other purpose. They are not, under any circumstances, to be construed as a representation or warranty by us, or any of our affiliates, as to the achieved financial scenario, merely a possible one and one that would be dependent upon many factors outside of our control.
This document was prepared to provide prospective investors with the “accredited investor” and “friends, family and business associates” eligibility criteria set out in National Instrument 45-106 Prospectus Exemptions with a general overview of our proposed development at 49 Deer Park Ave., Kimberley, BC. It does not purport to contain all the information that prospective investor may require before making an investment decision and is not intended to provide any legal, tax, or investment advice.
This document includes market and industry data that has been obtained from third party sources, and where appropriate, certain numbers, including dollar amounts, have been rounded out by us to avoid lengthy numbers. We believe that this industry data is accurate and that its estimates and assumptions are reasonable; however, there are no representations or warranties (expressed or implied) or assurances made as to the accuracy or completeness of this information. Although the data is believed to be reliable, we have not independently verified any of the data from third party sources referred to in this document or ascertained the underlying economic assumptions relied upon by such sources.