Bonnyville Meadows Limited Partnership AN INVESTMENT
Transcription
Bonnyville Meadows Limited Partnership AN INVESTMENT
Fort McMurray Oil Sands Region Bonnyville/Cold Lake Oil Sands Region PRESENTS AN INVESTMENT OPPORTUNITY SAVINGS, RRSP & TFSA ELIGIBLE Saskatchewan Oil Sands Region The Bonnyville area is an access point to existing oil sands developments of Alberta and Saskatchewan. Both areas represent significant economic opportunity as Bonnyville lies at the doorstep of the region. Bonnyville Meadows Limited Partnership Suite 1730, 10123 - 99 Street Edmonton, Alberta T5J 3H1 (780) 428-4101 www.mrrdevelopment.com Bonnyville Meadows Limited Partnership Material contained in this brochure is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy securities in any jurisdiction. It should not be used for the purposes of making an investment decision with respect to the securities described herein. Such an offer may only be made by way of an offering memorandum, a copy of which is available upon request. The material contained herein is qualified in its entirety by the information contained in the offering memorandum of the Bonnyville Meadows Limited Partnership Inc. Our Mission Creating investment opportunities for investors, through the purchase and development of strategically located properties in a fair, transparent, and ethical manner. Administered by MRR Development Muller Ryan Richard (MRR) Development Group is a fully integrated land development company with experience in residential, commercial and industrial projects. MRR Development Group covers many areas of the development process, including project management, engineering, construction, land banking and contract management. Continuing Success - Design and construction of numerous commercial and industrial buildings in Durban, Johannesburg and Port Elizabeth, South Africa. - Design and development of 1000 lot subdivision in South Africa. - Design, engineering, rezoning and area structure plan of a 300 lot subdivision in Cold Lake, Alberta. - Commercial building construction in Athabasca and Bonnyville, Alberta. Proposed Layout for Bonnyville Meadows • Development will yield an estimated 250 lots. • Average selling price will be $105,000 - $120,000 per lot. • Similar lots in Bonnyville currently sell for up to $145,000. • There is a demand for residential lots in the Bonnyville area. • Potential buyers have expressed interest in the project and 75 lots have already been presold. - 47 lot, 80 acre estate county residential subdivision in Parkland County, Alberta (Royal Springs) - 160 lot, 40 acre residential subdivision in Black Diamond, Alberta (Diamond Estates) - 47 unit adult townhouses in Parksville, B.C. - 16,000 square foot commercial office redevelopment project in Fort McMurray, Alberta. - Managed, funded and completed large commercial contracts. - Purchase, sale and operation of many commercial, industrial, single and multi-family residential projects. - Industrial Park in Cold Lake, Alberta. Company Profile Why Real Estate Development? Real Estate is a secure asset. The average growth rate of property over the long run is in the range of 3 - 5 % per year. Land is in limited supply and “they are not making any more of it”. Rezoning and development adds intrinsic value in a market and can yield significant increases in addition to the anticipated annual returns. Alberta, A Major Investment Opportunity Bonnyville is located in the heart of the north east oil sands region of Alberta. Fort McMurray and the Bonnyville area are both situated in the same geological oil producing strata. As a result of the exponential growth of the Bonnyville region there is and will continue to be a demand for residential properties. Investors may participate in this project by purchasing units in the Bonnyville Meadows Limited Partnership. The project will be developed, sold and profits will be divided among the unit holders. The estimated projected return on investment for this project is 70%. All investments are RRSP and TFSA eligible. Participating investors will have the first option to purchase units in the next project. Why Now? Due to market volatility and currency fluctuations land is always a safer investment. Project Highlights The Investment Opportunity Investment Highlights The Bonnyville Meadows LP will entail a 608 acre parcel of land to be subdivided and developed into a rural residential township of approx. 250 lots located in the MD of Bonnyville. The surrounding area of Bonnyville and Cold Lake is currently a major hub of oil sands activity. MRR Development Group will manage the rezoning, development and sale of residential lots. This project is being offered through an offering memorandum via a limited partnership structure, in $1,000 units that are RRSP and TFSA eligible. Investment Objective: Financing of the acquisition, rezoning, subdivision and development of 608 acres of land in Bonnyville Alberta. Type of Investment: Projected Return: Term: Offer Size: Minimum Investment: RRSP, TFSA and Savings Plan eligible, Investment Secured by Land. 70% 3 to 5 year time horizon. 7,500 units at $1,000 per unit (total of $7,500,000 to be raised) $5,000 per investor. Partnership and Profit Structure Limited Partner / Investor (LP): 70% profit share General Partner (GP): 30% profit share Project Proforma Land Cost $4,700,000 Development Costs $12,995,000 Commissions $1,125,000 Offering Costs $200,000 Total Costs $19,020,000 Proposed Potential Price Per Lot $105,000 $120,000 Revenue Cost Profit Investor Share Return $26,500,00 $19,020,000 $7,480,000 $5,236,000 70% $30,000,000 $19,020,000 $10,980,000 $7,686,000 102.5% Why Bonnyville Alberta? The proximity of Bonnyville to the large oil, gas and chemical companies in the area makes the location very desirable. The Bonnyville area contains one of the three largest oil deposits in Alberta. The nearby City of Cold Lake is also home to the largest military air space and training centre in the world with regular NATO and NORAD exercises. Bonnyville is also a key access point to the Saskatchewan oil industry development. Opportunity Material contained in this brochure is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy securities in any jurisdiction. It should not be used for the purposes of making an investment decision with respect to the securities described herein. Such an offer may only be made by way of an offering memorandum, a copy of which is available upon request. The material contained herein is qualified in its entirety by the information contained in the offering memorandum of the Bonnyville Meadows Limited Partnership Inc. Investment Summary