Location: 4932 56 Street, Innisfail, Alberta
Purchase Price: $15,000
Date Purchased: November 1, 2016
Cash on Cash Return: 7.63%
Composite Return: 13.7% (Cash on cash plus equity growth through paying down mortgage)
Tenancy: 12 Residential Units, 11 – 2 Bedrooms and 1 – 1 Bedroom
Occupancy: 100%
Year Built: 1978
Footage: 10,752 sq. ft.

 

The Story:

 

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