I am looking for funding on a exciting investment opportunity, that has the potential to yield substantial returns while contributing to the growth of any investors portfolio. I have come across a 14 unit apartment building located in the vibrant city of Edmonton, Alberta, and I believe that this property holds significant promise for both short-term and long-term gains.
Property Overview:
Location: The apartment building is strategically situated in a prime location within Edmonton, offering easy access to major transportation routes, shopping centers, schools, and recreational facilities. This ideal location ensures consistent tenant demand and stable occupancy rates. I have secured a offer at $180,000.00 under appraised city value and there is value add potential with this building. The unit is a mix of (12) 2 bedroom units and ( 2 ) 1 bedroom units.
Market Demand: Edmonton's real estate market is experiencing strong growth, with an increasing demand for rental properties due to factors such as job opportunities, migration, and educational institutions. The 14-unit apartment building is poised to capitalize on this demand and generate steady rental income.
Upside Potential: The property has value add opportunity and a offer has been excepted at almost $200k under appraised value. This presents an opportunity for value enhancement through targeted improvements, such as modernizing unit interiors. These enhancements have the potential to increase rental rates and property value, further maximizing the value of the building. Building is also running on 100 % occupancy.
My credentials: I have 16 years of business management experience in a variety of different sectors. From managing an Upholstery shop (for the past 16 years) to multiple online business ventures. I also have experience with real estate management and I manage my own portfolio of rental properties. My hands-on approach to property management includes overseeing maintenance, tenant relations, and financial performance, resulting in increased property values and consistently high occupancy rates. With a strong focus on staying up-to-date with industry trends and regulations, I am adept at mitigating risks and maximizing returns.
Investment Highlights:
- Stable Cash Flow: The diverse unit mix and favorable location ensure consistent rental income, providing you with a reliable cash flow stream.
- Capital Appreciation: The Edmonton real estate market's growth trajectory and the property's value enhancement potential offer the prospect of capital appreciation over time.
- Diversification: Investing in real estate provides a valuable opportunity to diversify your investment portfolio and reduce overall risk exposure.
Long-Term Resilience: Real estate has historically proven to be a resilient asset class, with the potential to withstand economic fluctuations.
Funding Requirement:
To seize this compelling investment opportunity, I am seeking additional funding to acquire and enhance the 14-unit apartment building. Your participation as an investor would not only provide you with the potential for substantial financial gains but also align you with some one who is committed to maximizing the property's potential.
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