by Daryl R. Hillman | Jan 28, 2021
Black & White Plaza LOCATION: 5 Strachan Bay SE, Medicine Hat, AlbertaPURCHASE PRICE: $3,500,000DATE PURCHASED: January 29th, 2021CASH ON CASH RETURN: 7.1% Average over 5 yearsCOMPOSITE RETURN: 14.3% Average over 5 yearsTENANCY: Mobil 1, PPG 9Delux Paints,...
by Daryl R. Hillman | Jan 19, 2021
Herc Rentals LOCATION: 7899 50th Avenue, Red Deer, AlbertaPURCHASE PRICE: $1,850,000DATE PURCHASED: November 3rd, 2020CASH ON CASH RETURN: 7.14% Average over 5 yearsCOMPOSITE RETURN: 13.9% Average over 5 yearsTENANCY: Herc RentalsOCCUPANCY: 100%YEAR...
by Daryl R. Hillman | Jan 18, 2021
NAPA Condo Bays LOCATION: Bays 1 & 2, 7659 Edgar Industrial Drive, Red Deer, AlbertaPURCHASE PRICE: $1,285,000DATE PURCHASED: September 16th, 2020CASH ON CASH RETURN: 7.6% Average over 5 yearsCOMPOSITE RETURN: 14.8% Average over 5 yearsTENANCY: UAP...
by Daryl R. Hillman | Jan 18, 2021
Baiers Stationary Building LOCATION: 4932 49th Street, Innisfail, AlbertaPURCHASE PRICE: $280,000DATE PURCHASED: June 6th, 2020CASH ON CASH RETURN: 7%COMPOSITE RETURN: 7%TENANCY: Baiers Stationery & All About DogsOCCUPANCY: 100%YEAR BUILT: 1976FOOTAGE: 4,000 Sq....
by Daryl R. Hillman | Apr 28, 2020
LOCATION: 4221 50th Street, Drayton Valley, Alberta PURCHASE PRICE: $3,000,000 APPRAISED: $3,200,000 DATE PURCHASED: January 6th, 2020 CASH ON CASH RETURN: 8.4% COMPOSITE RETURN: 14.6% TENANCY: Home Hardware OCCUPANCY: 100% YEAR BUILT: 1996 FOOTAGE: 21,878 Sq. Ft....