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Updated almost 5 years ago,
Vancouver, BC Investments
I currently own a small retail building in Vancouver, BC that is generating modest returns with a 5% cap rate. also own a high revenue liquor store in the Greater Vancouver, Area.
In Vancouver typically cap rates on commecial properties range from 3-4% so its a far difference than what might be offered in the US. I understand that you have to play a long term game so I tend to set goals in 5-10 year intrevals. I'm currently only 29 years old so I'm thinking more about when I'm 40 than I am now.
Do you guys think that strata investments are the right way to go especially since apartments and retail buildings in Vancouver has low returns and tend to be based on future land potential rather than cash flow?
Thanks!