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Super Suite Investment Opportunity in Downtown Calgary-ONLY $34,300 Cash Required

Farshidb

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Joined
Aug 31, 2007
Messages
13
What’s the investment opportunity?


This beautiful one bedroom super suite is located at Riverfront Avenue SE in fast transforming area of East Village (REIN’s most recommended area in Downtown for future growth). Steps from LRT and River Pathway. We furnish and rent this lovely unit to our niche market of Executives and Businesses, collect rent of about $2000 per month and cover the costs associated with it. This unit will be generating positive cash flow representing a yield of about 10.3%. Unbelievable Value!



Who we are
:



We have a portfolio of many furnished apartments in Downtown Calgary with a strong team of professional Interior designer, mortgage broker, lawyer, etc. We are expert and much focused on purchasing Calgary downtown apartments. All our units are furnished and generate positive cash flow. We manage our own properties and have never experienced any vacancy in the past 14 months.



Qualifications required:




- You have to have a steady job with reasonable income.

- zeo:3-->You must have good credit history and score.

- Cash of about $34,300 ready to invest (Including all furniture, down payment, and closing costs and reserve fund).



Above qualifications are required for 90 percent LTV CMHC Rental Program that you should be approved under for this investment opportunity. For more information, please call me at 403-819-2830. Thank you for your interest.
 
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