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Centaria Properties

1808-5189 Gaston St. Vancouver,

B.C., Canada V5R 6C7

 

Copyright © 2015 Centaria Properties

 

20 Unit Concrete Apartment Building with Partner

Joint Venture Deal Ontario Windsor

20 Unit Concrete Apartment Building with Partner

Date Feb 2015

Purchased Price of $835,000

Price per Concrete Unit is $41,750

Downpayment of $130,000

Owner Financing the rest at $705,000 at 3.5%

Cap of 7%

Today Price Per Concrete Unit is $50,000 -$55,000

Total Value today is $1,050,000

Profit of $215,000

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