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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

Raleigh Square – Red Deer Alberta

ROI: Substantial ROI - Please contact

Sold for: Substantial - Please contact

7180 Park Avenue, Red Deer, Alberta

Purchased December 2017 for  $3,024,000 with a $2,740,000 VTB (90% for  3 years)

Altyn Equities invested $200,000  and co-managed the venture

Property was refinanced in September 2018 for $5,380,000, 8 months later!

Approximately $1,000,000 invested for a value lift of over $2,350,000.

Substantial Value increase in a short time frame by upgrading and raising rents accordingly.

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Church Road – Spruce Grove

ROI: Please contact for more information

Sold for: Subscription filled - Currently Active

200 Church Road, Spruce Grove, Alberta

Will Purchase August 2018 $1,750,000 with a 75% loan @4.5% for 5 years

Cash required $750,000

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Mansard Terrace

ROI: Please contact for more information

Sold for: Subscription filled - Currently Active

710 8th Street East, Saskatoon Saskatchewan

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

Cash invested $630,000

View Project ➝
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