Preferred Group - RE/MAX River City
301, 10171 Sask. Drive, Edmonton, AB
P: 780-701-2626
F: 1-866-293-5424
Email

Current Preferred Investment Opportunities


  


Single-Family Properties:

Multi-Family Properties:

  • 17 Units in Swan Hills, AB.: $1,899,000 ($111,706/unit) - 7.52% Cap Rate.  All 2.5 storey townhouses, 6 three bedrooms (1,759 sq ft) and 11 two bedrooms (1,659 sq ft). 
  • 14 Units in Westlock, AB.: $1,499,900 ($107,136/unit) - 6.28% Cap Rate.  Mix is 8 three bedroom townhouses, and 6 two bedroom walkup apartment units.
  • 32 Units in Whitecourt, AB.: $5,600,000 (175,000/unit) - 6.72% Cap Rate.  This project consisting of 8 - 4 plex buildings was just newly built in 2006-2007.  All units are approx. 1300 sq ft, 3 bed, 1.5 bath.  With rent normalization a new owner could achieve a 7.35% Cap Rate on the asking price.  **NOTE - Can be purchased as individual 4 plexes for $700,000 per building.**

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