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    Exceptional Real Estate investment opportunity

    This exceptional opportunity is located at 11835-103rd street in Westwood area of North Central Edmonton. This location is also known as the NAIT district, where the Edmonton LRT train line is currently under construction. We purchased this building for $93,000 per unit, $55,000 below apraised value in October of 2012. This building had undergone $350,000 of upgrades in the past 10 years including a new roof in 2010, new windows and patio doors, new glass balconies, common area paint and carpet, and parking lot resurfaced in 2007. This building is in exceptional condition and in a class B location of Edmonton, making this deal excellent.

    Plazaview Manor

    ROI: Please contact for more info

    Sold for: $1,792,500 in May 2017

    11835 103rd Street, Edmonton Alberta (15 suites)

    Purchased September 2012 for $1,395,000 with 75% loan at 3.46% for 5 years

    Cash Invested $450,000

    Sold May 2017 for $1,792,500

     

    What is exceptional about this deal:

    • Low purchase price of $93,000 / unit given premium condition, and class B location
    • All suites above ground, no basement units therefore better tenants and higher rents!
    • $350,000 in upgrades since 2002. New roof, windows, common areas, and many more
    • Excellent central location, close to NAIT, Kingsway Mall, and city center airport
    • VERY close to new Edmonton light rail transport (LRT) train station, opening 2014
    • Rents and value increased substantially from time of possession. Rent roll from $11,775 to over $13,000 and target over $14,000 in 2014

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    SUCCESS STORIES

    Mansard Terrace

    ROI: Please contact for more information

    Sold for: Subscription filled - Currently Active

    710 8th Street East, Saskatoon Saskatchewan

    Will purchase October 2017 $1,470,000 with a 65% loan @3.25% for 5 years

    Cash invested $630,000

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    Marsin Apartments

    ROI: Please contact for more info

    Sold for: Currently Active

    2440 Louise Avenue, Saskatoon Saskatchewan

    Will purchase October 2016 $1,200,000 with a 75% loan @3% for 5 years

    Cash invested $420,000

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    Chaben Place

    ROI: Please contact for more info

    Sold for: Currently Active

    3609 Chaben Place, Saskatoon Saskatchewan

    Purchase March 2016 for $2,710,000 with 75% loan at 3.4% for 5 years

    Cash invested  $840,000

    8 investors to share in the profit share and equity

     

    View Project ➝
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    Altyn Equities