Multifamily & Apartment Deals of the Month - Assumable Financing & Condo Conversion Possiblities Available

 

1 - Edmonton, AB - 12 + 6 Unit Assumable Financing Apartment Buildings - $125K per Door
2 - Edmonton, AB - 2 Duplexes with VTB's Available - $580K Ea
3 - Edmonton, AB - 9 Unit Apartment Building - $120K per Door
4 - Edmonton, AB - 15 Unit Apartment Building - $117K per Door
5 - SwanHills, AB - 12 Unit Townhouse Building - $58K per Door
6 - SwanHills, AB - 17 Unit Apartment Building - $56K per Door

These are great starter deals for someone looking to buy their first building for a similar price to a single house in Vancouver. The seller for some of these is offering Assumable Financing so you don't have to start financing from scratch.

The Swan Hills buildings has been reduced to just below $60K per door. With average rents well over $600 per month for the one bedroom units this easily qualifies for the 10% Rule.

Run the numbers and if you like the ROI give me a call and we can go over further details.