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↓ Project Available ↓
 Sunrise Estates Phase II
Irvine Creek Estates
 How to gain profit through land investment
Project sold
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HASCO Development Corporation is an Alberta owned and operated land development company with a proven track record of developing lands and huilding homes.
HASCO offers unique land investments to further grow and diversify your financial portfolio.Investor confidence is our priority as we take the necessary steps to protect your investment.
We invite you to partner with HASCO and share in the wealth of Alberta's booming.
This website is especially designed for viewing projects.
Project Manager: Davis Zhang
Direct line: (780)994-8789, Toll free: 1-800-920.5118
E-mail: davis@hascodevelopment.com |
Irvine Creek Estates
Location:
1. This 70 acres is located in County of Leduc
2. Just off the city limits of City of Edmonton
3. 0.25 mile south of Edmonton
4. 2 miles Northeast of Beaumont
5. Quick and easy access to Highway 2 & 21
6. Easy access to Anthony Henday Drive ( extension to Hwy 21, ring road)
7. Inside County residential area structure plan of County of Leduc
8. Ideal, quiet location for country residential subdivision
Size of the parcel: 70 acres
Legal description: W4, R23, T51, S8, Quarter NE
Price: $44,000 / acre, $22,000 for ?acre
Certificate: Land title (UDI)
Map of the parcel
Development plan 1
Development pland 2
Air Structure Plan of County of Leduc
Future development plan
?31 lots will be available in this parcel
?Lot size: 1 acre
?Paved road, power, electricity, natural gas, etc.
The parcel has been in the North Area Structure Plan of County of Leduc for country residential use.
Profit projection:
Estimated Total Revenue generated from this Project:$7,440,000
(Selling 31 lots at the rate of $240,000 for a 1.0 acre lot)
Land & Development Cost: $4,330,000
(Including Legal, construction, & Administration Approx.)
Estimated profit for the project: $3,110,000
Estimated net profit per acre: $44,428
Total return per acre: $44,000 + $44,500 = $88,500
Estimated Returns rate: 101%
Investment period: 3-4 years
Notes:
Development will include the construction of roads and services of gas, electricity, and telephone etc. The numbers of profit projection are based on conservative market research. Current performance is not indicative or a gurantee of future performance. All investments are qualified prusuant to an Offering of Memorandum.
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