by Daryl R. Hillman | Feb 4, 2019
Southridge Centre LOCATION: 3606/3804 50th Street, Lloydminister, AlbertaDATE PURCHASED: July 21st, 2018CASH ON CASH RETURN: 7%COMPOSITE RETURN: 14.2%TENANCY: Co-op Food Store, Cora Restaurant, Marble Slab Creamery, Verns Pizza, Servus Credit Union, Edward Jones,...
by Daryl R. Hillman | Oct 1, 2018
Get Ready to be Extremely Excited or Very Worried An interesting talk by the Head of Daimler Benz . A bit mind blowing to say the least! He predicts an interesting concept of what could lay ahead. In a recent interview, the Head of Daimler Benz (Mercedes Benz)...
by Daryl R. Hillman | Sep 26, 2018
Interest Rates versus Property Values As interest rates inch up pushing cap rates up also, income producing properties are challenged to maintain their value. Sellers become frustrated with lower offers, Buyers become frustrated with stubborn Sellers. And so the dance...
by Daryl R. Hillman | Sep 23, 2018
Parkside Villas LOCATION: 4820 46th Street, Innisfail, AlbertaDATE PURCHASED: July 31st, 2018CASH ON CASH RETURN: 7%COMPOSITE RETURN: 7%TENANCY: Nine 2 Bedroom Apartments – Eight 1 Bedroom ApartmentsOCCUPANCY: 100% – *Upon Renovation CompletionYEAR...
by Daryl R. Hillman | Sep 23, 2018
Apex Building Date Purchased: January 31, 2018Cash on Cash Return: 6%Composite Return: 14% The Story: This property was presented to us by Red Deer Commercial Realtor as a potential candidate for a purchase under Section 85 of the Canadian Tax Act. We made an offer...