Location: 6005 Parkwood Rd., Blackfalds, Alberta
Purchase Price: $3,100,000
Date Purchased: April 30, 2016
Cash on Cash Return: 5.2%
Composite Return: 12% (Cash on cash plus equity growth through paying down mortgage)
Tenancy: IGA 
Occupancy: 100%
Year Built: 2005, Addition 2008
Footage: 16,600
 

 

The Story: 

 

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