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37 unit mixed use 11% cap rate

Caleb West

Multi Family Commercial|Collaborative Office|
Registered
Joined
Feb 7, 2017
Messages
122
We’re Canadians and we’re going south

Currently our family owns several commercial properties and a few residential properties here in Edmonton and we’re excited to go the Chicago.IMG_2860.jpg

Investment in the USA( Illinois)
11% cap rate (yes it’s true)
Mixed use
28 1 bed&bach (26/28 occupied)
9 commercial spaces (4/9 occupied)

Upsides
It’s a limited partnership and we’re very familiar with US tax law and eliminating double taxation.
60/40 investor split
Property manager is occupying one of the commercial spaces
No elevators
300k in recent renos (verified by contractor)
We’re opening a laundry mat in our building, machines for the public and machines specifically for tenants
Bus stop right on front with a route to a major bus station only 8 minutes west.
Greater Chatham initiative is pumping money and resources into the area to revitalize the community and improve infrastructure.

What you can expect

Streamlined acquisition process
Strong , consistent cash flow
A boring , secure investment with an experienced team

For more information please call me at

(780) 288-9638
Or email at [email protected]


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