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...
by Daryl R. Hillman | Sep 23, 2018
Delacour Manor LOCATION: 4932 56th Street, Innisfail, AlbertaDATE PURCHASED: November 1st, 2016CASH ON CASH RETURN: 7.63%COMPOSITE RETURN: 13.7%TENANCY: 12 Residential UnitsOCCUPANCY: 100%YEAR BUILT: 1978FOOTAGE: 10,752 Sq. Ft.JOINT VENTURE: Safety First Projects 1...
by Daryl R. Hillman | Sep 23, 2018
Sundance Professional Centre LOCATION: 5215 49th Avenue, Innisfail, AlbertaDATE PURCHASED: November 1st , 2016CASH ON CASH RETURN: 4.63%COMPOSITE RETURN: 13.7%TENANCY: Sundance Realty Management Inc., Legacy Communities Inc., Tranquil EnergyOCCUPANCY: 100%YEAR...
by Daryl R. Hillman | Sep 23, 2018
Blackfalds Supermarket LOCATION: 6005 Parkwood Road, Blackfalds, AlbertaDATE PURCHASED: April 30th, 2016CASH ON CASH RETURN: 5.2%COMPOSITE RETURN: 12% TENANCY: Sobeys (Operating as IGA)OCCUPANCY: 100%YEAR BUILT: 2005, Addition 2008FOOTAGE: 16,600 Sq. Ft.JOINT VENTURE:...
by Daryl R. Hillman | Sep 23, 2018
Penhold Shopping Centre LOCATION: 30 Robinson Avenue, Penhold, AlbertaDATE PURCHASED: May 31st, 2016CASH ON CASH RETURN: 5%COMPOSITE RETURN: 11%TENANCY: Sobeys (Operating as IGA), Alberta Treasury Branch, Studio D, Pizza StopOCCUPANCY: 100%YEAR BUILT: 2013FOOTAGE:...
by Daryl R. Hillman | Sep 23, 2018
Brunton Building DATE PURCHASED: 2002APPROXIMATE ANNUAL DIVIDEND CASH FLOW: 11.8% The Story: Before acquiring this Building in 2002, it has been vacant for two years and the subject of a receivership. The acquisition team purchased the building and relocated his Real...
