Timberhaus Canmore LP
By:
Basecamp Resorts
Invest in the development of a hotel in Canmore, Alberta near the popular and in demand area of Banff National Park!
Location
Alberta
Risk Profile
Moderate - High
N/A
Min. investment
$100,000
Investment Strategy
Opportunistic
ARR
23% IRR
Horizon
3 Years
Introduction
The Timberhaus Canmore LP is a rare opportunity to invest in a hotel development in driving distance of both a major metropolis and a globally recognised tourist hotspot. Backed by Basecamp Resorts, a leader in Western Canada’s hospitality sector with a consistent and impressive track record, the development is set to capitalise on the fast growing tourism industry of Canmore, Alberta.
Key Reasons to invest
Strong Developer Track Record
Basecamp Resorts has completed over $580M in real estate projects with a 20%+ average IRR and $40M+ annual hotel revenue.
High Projected Returns
With an IRR of 23%, investors stand to see substantial returns.
Prime Location
Timberhaus is situated in Canmore, near Banff National Park, an area with thriving year-round tourism and rising property values.
Project Overview
The Timberhaus Canmore LP is a hotel development in Canmore, located very close to Banff - a global tourist destination. It is expected that this high-end hotel will require 3 years to be constructed and begin collecting revenues. To accommodate for seasonality, the development will feature premium amenities to attract high-value guests and year-round occupancy. This project offers Limited Partnership Units with a minimum investment of $100,000. These funds will be locked for 3 years, following which distributions will be made for a preferred return of 12%. At the end of distributions, an IRR of 23% is expected.
Location
Canmore, Alberta is experiencing high demand for short-term rental condos due to strong tourism growth and record visitor spending. The area has limited land zoned for short-term rental condo projects, making this a prime investment opportunity.
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Developer Overview
Basecamp is a dedicated team of adventure enthusiasts and seasoned real estate professionals with a shared mission: enhancing travel experiences by creating sustainable, high-quality accommodations that serve the needs of both guests and investors. With a diverse portfolio from cabins to unique vacation rentals, Basecamp designs properties that offer guests a peaceful retreat while delivering profitable investment opportunities. Basecamp’s approach prioritizes quality, sustainability, and profitability, making it a standout in hospitality and real estate.