FMC Technologies Building

LOCATION: 257, 27312 TWP RD 394, LACOMBE COUNTY, ALBERTAPURCHASE PRICE: $5,200,000APPRAISED:  $5,275,000DATE PURCHASED: AUGUST 7TH, 2019CASH ON CASH RETURN: 8%COMPOSITE RETURN: 14.4%NET OPERATING INCOME: $220,817OCCUPANCY: 100%YEAR BUILT: 2015FOOTAGE: 29,732 SQ.FT ON...

Revolve Furnishings

Location: 4219 99 St, Edmonton, ABPurchase Price: $5,300,000Appraised:  $5,400,000Date Purchased:  May 7, 2019Cash on Cash Return:  5.4%Composite Return: 11.5%Tenancy: Revolve Furnishings, Rogers Communications Inc., ADQ Media Inc.Year Built: 1979Occupancy:...

Southridge Centre

LOCATION: 3606/3804 50TH STREET LLOYDMINISTER, ABPURCHASE PRICE: $10,200,000APPRAISED VALUE: $12,135,000DATE PURCHASED: JANUARY 31, 2018CASH ON CASH RETURN: 7%COMPOSITE RETURN: 14.2%TENANCY: CO-OP FOOD STORE, CORA RESTAURANT, QUIZNOS, MARBLE SLAB...

Parkside Villas

Parkside Villas – The Story A good Realtor friend called one day in mid 2018 and asked if I would help him measure a new listing that had just come in.  The building was a 17 unit apartment in Innisfail that I had been watching for over 25 years. It had never come to...

Apex Building

Purchase Price $1,150000 Closing Date: January 31, 2018 Cash on Cash Return: 6% Composite Return: 14% Appraised Value (Waters Appraisals) $1,375,000   The Story: This property was presented to us by Red Deer Commercial Realtor as a potential candidate for a...

Mobile Home Park

Location: 5235 50th Street, Caroline, Alberta Purchase Price: $940,000 Appraised Value: $1,062,000 Date Purchased: October 31, 2017 Cash on Cash Return: 10.25% (After Management) Occupancy: 100% Park Details: 39 Rental Stalls & Onsite House with Basement Suite...
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