604-697-3055
587-700-8748CDN GLOBAL ADVISORS LTD. is pleased to present investors the opportunity to acquire two secured-rental apartment buildings (one 20-unit and one 29-unit); Quadra Manor & Juniper Manor, located in the growing community of Drumheller, AB.
Wonderfully positioned around all major amenities, both buildings provide interested groups the opportunity to deploy various capex strategies throughout the buildings. With current rents below market; approximately $100-$200 below, coupled with consistent tenant turnover and the current upward pressure on rents, this provides investors a clear path to income and investment yield growth.
Dedicated Property Management company and on-site caretaker in place.
The properties are being offered for sale with a formal asking price of $4,000,000. All interested parties are encouraged to execute and return a confidentiality agreement to gain access to our data room.
Offers will be reviewed as they are received. All interested groups, please contact the listing agents at your earliest convenience for offer submission guidelines.
