- Joined
- Feb 18, 2008
- Messages
- 6
Here is a unique opportunity to capitalize on Alberta’s strong economic growth via a win-win investment. I am offering a 50% share in an authorized triplex located in northwest Edmonton, AB. This professionally renovated home has a 3 bedroom main floor suite, two authorized 1 bedroom basement suites, a separate triple garage and parking for 8 vehicles. The property has been secured under contract for a purchase price of $500,000 with a possession date of April 28, 2008.
This is a buy and hold investment with a 5 year commitment of funds. For a one-time investment of $78,000 your projected total return is $118,154 plus the return of your capital. This represents a 150% ROI over 5 years or 30% annual ROI.
Highlights:
by investing $26,000 of my own money into the the deal. So I only make money if you do!
"Sounds great, Geoff but I don`t have $78K lying around...or do I?"
If you have access to $78,000 equity in your home I can show you how the interest payments on your HELOC can be 100% covered by your share of the projected operating cash flow! So this investment has the potential to cost you nothing out of your pocket while still offering you the upside benefits or mortgage paydown and appreciation.
Please contact Geoff at [email protected] for full property details and financial projections.
P.S. If it`s not for you please consider forwarding this to someone else who might be looking for this type of investment opportunity.
This is a buy and hold investment with a 5 year commitment of funds. For a one-time investment of $78,000 your projected total return is $118,154 plus the return of your capital. This represents a 150% ROI over 5 years or 30% annual ROI.
Highlights:
- Edmonton is rated as Canada`s #1 city for investment by Don Campbell and REIN
- Property is located just 7km (12min) from downtown with easy access to highways and the booming northeast sector
- No renovations required: ready for tenants to move in May 1
- Should be quickly rented due to sub-2% vacancy rate and very attractive finish of suitesMeticulous property manager in place who is a REIN member$560/mth positive cash flow projectedNo rent caps in the City of Edmonton
"Sounds great, Geoff but I don`t have $78K lying around...or do I?"
If you have access to $78,000 equity in your home I can show you how the interest payments on your HELOC can be 100% covered by your share of the projected operating cash flow! So this investment has the potential to cost you nothing out of your pocket while still offering you the upside benefits or mortgage paydown and appreciation.
Please contact Geoff at [email protected] for full property details and financial projections.
P.S. If it`s not for you please consider forwarding this to someone else who might be looking for this type of investment opportunity.