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Lanigan SK - 4 plex - self contained units completely furnished - Potash Developments

Dan Godard

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REIN Member
Joined
Aug 20, 2024
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Great investment opportunity in a growing area located in the Potash Hub of SK. Lanigan lies between two major potash developments.

BHP Jansen Mine - 10 to 15 minutes away. Lanigan is a hub for living with a rental vacancy of ZERO. When completed the $14 Billion project located 140 KM east of Saskatoon, will be the world's largest potash mine.

Nutrien Lanigan Potash - 10 minutes away. Major project "Next Generation Potash" Half billion dollar investment will develop proprietary systems and technologies to improve safety, increase productivity, reduce expenses and improve the dependability and flexibility of their assests.

39 Bantry Street Lanigan SK

Price $825K (Yield $6975 x 12) / 825,000 x 100 = 10.1%)

Monthly rent $6975

We had ZERO vacancy 2023 to present.!!!!!

Expenses
Property Care $175
Insurance $300
Property Tax $575
Repairs $550
Utilities $1400
Total Expense $3000

Two 3 bedroom units and two 3 bedroom units. Each unit is self contained, separate meters, boiler heated. Well maintained 10 year old four plex. Three units completely furnished.

3 bedrooms
- 1450 sq feet
- Private entrance
- One three bedroom unit completely furnished and one unfurnished
- Large master bedroom with en suite
- Two large bedrooms
- Main Floor Bathroom
- Large kitchen, dining room
- All appliances including dishwasher and washer / dryer in unit
- Private Deck
- A/C

Two 2 bedroom units both completely furnished. Each unit is self contained, separate meters, in floor heat.
- 1250 sq feet
- Private entrance
- Two large bedrooms
- Large main floor bathroom
- Large kitchen and dining room
- All appliances including dishwasher and washer / dryer in unit

Additional
- Storage shed
- Parking stalls with plug ins

Contact

Dan Godard
DLHL Investments Ltd.
(403) 818 5806
email [email protected]
 
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