Creekwood Collections at Chappelle

Investment Status

  • Investment timeline: Started Spring 2019, anticipated completion spring 2021
  • Open to investment – Up to $1,000,000 to be raised
  • Currently over $600,000 invested
  • Eligible for potential investment by CCH Real Estate Mutual Fund Trust
  • CCH Real Estate Mutual Fund Trust currently does not hold this as an investment

Interested in Investing?

Read through our details or discover our lot maps using the link below:

Community Overview

Creekwood Collections at Chappelle, is a neighbourhood that is perfectly situated for life. Located south of Ellerslie Road off 141 Street, Creekwood Collections at Chappelle is southwest Edmonton’s newest community built in one of the most unique locations. Situated alongside the Whitemud creek ravine, The Collections at Creekwood is purpose-built to hug the landscape. This natural connection to nature, along with our new K-9 school and excellent new home builders make The Collections at Creekwood the best new neighbourhood in south Edmonton.

Whether you want to walk your kids to a brand new school, enjoy a stroll along the ravine, or enjoy a backyard BBQ with friends, make Creekwood Collections at Chappelle part of the future you’ve always dreamed of having.

https://livethecollections.com/

Investment Opportunity

  • CCH Chappelle LP signed a land agreement to purchase 11 single family serviced lots in the community of Creekwood Collections at Chappelle.
  • The showhome and lots are located directly across from the Full House Lottery showhomes.
  • The homes will list between $450 – $600K
  • The showhome has been open since June and the first spec home is currently under construction.

Investment Details

Offering

Class A Limited Partnership units in CCH Chappelle LP (the “Partnership”).

Project

The Partnership has an agreement to purchase 11 single family lots in the final section of Chappelle in southwest Edmonton. The single-family dwellings will be sold and built by the Partnership.

Offering Price

$1.00 per unit, minimum 50,000 units per subscriber. Up to 1,000,000 units may be sold.

Purpose

To fund land deposits, a Showhome and initial working capital for the Partnership.

Preferred Return

Class A unitholders will be entitled to an 8% simple annual preferred return. For further detail, see article 5.7 of the CCH Chapelle LP Limited Partnership Agreement.

Partnership Interest

Class A unitholders will also be entitled to a 30% share of the Partnership’s net distributable income.

Payment Terms

The subscription price is payable at the time of closing by cheque or such other manner as maybe accepted at closing.

Term

Based on unit sales within the Project.

Management Fee

Crystal Creek Homes Inc. will be hired as the Project Manager and will be paid a fee equal to 4% of the gross selling price of each home.

Risk Factors

There is no secondary market for the investment and none is expected to develop. The Partnership will have limited liquidity; consequently, it would not suit investors who require immediate access to their investment. The Partnership’s business should be considered highly speculative due to the risks associated with the rapidly changing economic and market conditions. The Partnership will be investing in real property and these properties will always have value; however, given the nature of the real estate market it may not be possible to sell them as anticipated. Consequently, there is a risk that an investment in the Partnership may be lost entirely or in part.

Disclaimer

Certain statements in this presentation contain forward-looking statements about the objectives of the Partnership and management’s expectations, beliefs, intentions or strategies for the future. Future events are subject to certain risks, uncertainties and assumptions that may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks, uncertainties and assumptions include, but are not limited to: general economic conditions; actions by government authorities; actions by regulatory authorities; availability of raw materials and trades; changes in raw materials prices; foreign exchange rates; interest rates; competitor activity; industry pricing pressures; seasonality of the construction industry; and weather.

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