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Published byClaribel Potter Modified over 8 years ago
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Mission Statement: “ To provide comfortable, friendly, and convenient living accommodations for independent seniors living in Humboldt and area.” 92 Unit Retirement Complex Each unit is 716 square feet Ideal Property Location
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Target consists of 23% of Humboldt’s Population Potential Market When will they buy? Peripheral aspects of owning a home are too much Proximity to Family
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Senior Housing Units Only 124 available in Humboldt Condominiums/Houses New developments Available units for sale Retirement Communities in Saskatoon Primrose Chateau Riverside Terrace
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Pre-sell at least 60% of the units in 2010 Have no units in inventory by 2012 Sell Units at a standard price of $230,00
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Penetrate Mkt Aggressively in 2010 using: Billboards Print Adds Mail Drop
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Standard Selling Price of $230,000 Avg. price for a new townhouse or apartment style condo in Humboldt is between: $237,500 and $300,000
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Price Time Construction costs
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