Hey Realist Community, with the fall market here our team has a few off market opportunities I wanted to share with the group. Here are the high level details happy to share and go into it further with anyone if interested.
- 21 unit turn key building in KW turn key 5.4% cap rate and 85% LTV on purchase. 7% COC return from day 1. Price 5 million
- 8 unit brrr in London. Vacant building permits approved to renovate the already existing 8 unit property. 400k renovation budget quoted by contractor. Price is 1 million
- Turn key 6 plex in St Catharines, 85% LTV cash flow on purchase. Price 1.55 million
- Turn key 5 plex in Port Colborne, cash flow on day 1 of ownership 80% LTV
These are the current deals we have off market. Feel free to reach out anytime.