Collingwood Resort Properties

Acquisition and refurbishment of residential units for resale as five-star luxury resort properties in fractional ownership intervals. 

What differentiates this investment strategy?

The partnership is purchasing and converting existing properties, where infrastructure and amenities are already in place.

The risks and long lead times associated with development of new resort properties are reduced to a minimum (Turnaround time to occupancy ready is 4 - 6 weeks).

There is no time lost to development planning, rezoning or land servicing.

Risks typically associated with new construction are eliminated, including project delays, costly debt financing, and chance of construction cost escalation.

The inventory of units is not fixed, but is highly adaptable to market demand.

Prospective buyers view actual product, not just floor plan diagrams and showroom mock-ups.


 

Participate in the growth of a four-season luxury resort town – Collingwood, Ontario, on the shores of Georgian Bay - using a very profitable strategy that mitigates typical development risks.

The Properties

The partnership will purchase existing condominium units in Collingwood, Ontario, refurbish and equip them as five-star luxury resort properties, and market them for sale in fractional ownership intervals.

 

This strategy generates an immediate value-add that enables a very substantial price mark-up without the risks associated with developing new resort properties.

 

Collingwood is one of Canada's most desirable luxury resort locations. It is ninety minutes from Toronto and is situated on the shores of Georgian Bay. It is between Wasaga Beach and Blue Mountain, the location of Intrawest Village at Blue Mountain.

 

Average Interval Prices
(before taxes, maintenance and legal fees.)

 

 
  3 week 4 week 5 week
Studio $15,938 $20,075 $23,622
1 Bedroom $25,850 $32,467 $38,083
2 Bedroom $28,673 $36,467 $42,789
3 Bedroom $31,673 $40,231 $47,789
4 Bedroom $38,644 $49,525 $59,407
Luxury Villa $52,997 $68,663 $83,328

 

 

 

 

 

 

 

 

  

The Investment

• Projected annualized return on investment: 30%+
   consisting of:

• Investors First™ 12% annual cumulative preferred return.
plus
• 50% of excess cash flow, and
• 50% of net proceeds of sale.

• Quarterly distributions projected to begin 12 months from commencement.

Investors continue to participate indefinitely in the excess cash returns following repayment of capital. [See the Projected Cash Flow to ASG Investors on $50,000].

 

• Investors' capital is projected to be returned in two years.

 

• Minimum Investment: $25,000 (Units of $1,000)

 

Projected Cash Flow
on a $50,000 Investment

 

  Year 1 Year 2 Year 3 Year 4 Year 5
Preferred Return -- $ 7,303 -- -- --
Excess Cash Flow Profit -- $14,137 $28,181 $28,232 $28,069
Excess Cash Flow Return of Capital -- $14,137 -- -- --
Payout of Balance of Investor Capital -- $35,863 -- -- --
  -- $71,440 $28,181 $28,232 $28,069

 

The Manager

Norwood Resorts Inc. has assembled a team of highly experienced financial and real estate professionals on its board of directors – Don Allen, Mark Galligan, Paul Barber and Murray Wood (Please see the Executive Summary).

 

Norwood Resorts will invest 10% of the required equity of $2,500,000. ASG Financial will be actively involved in oversight of this project, particularly until investors' capital has been returned.

 

The Documents

bulletExecutive Summary (429 kb PDF -- Updated 2007-06-05)

 

bulletOffering Memorandum (282 kb PDF -- 2007-05-28)

 

bulletReservation Form (8 kb PDF - will open in new window)

 

bulletCollingwood Resort Photo Gallery

 

bullet News & Updates