Spruce Grove 6-Plex *FULLY FUNDED*
Multifamily
Pioneer Road
Spruce Grove, Alberta
Overview
- * Initial investor contribution of $130,000 provided in March 2021.
- * Build took 2 years to complete, and building was appraised at 1.505M in 2023.
- * ROI includes large increase in value of the first year.
- ** Rents have increased from $3590/title in year 1 to roughly $3845/title. Thus, cashflow has increased by $750 at the end of year 1.
- Not Included: GST Rebate of $6400, applied for, received, and returned to investor after possession.
100%
INVESTED
~$300K+
EQUITY
