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Updated almost 6 years ago on . Most recent reply
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Just sold a plaza. Wanted feedback on the investment result.
•1326 Huron Street, London Ontario (Pizza Hut Plaza) •8500 Square foot plaza purchased in 2009 for $1,750,000 •Each shareholder invested $79,000 •In the 9 years of ownership each shareholder was paid back the initial investment from the profits •Building was sold in late 2018 for $3,300,000 •Total payout after sale of $295,000 per shareholder •Total profit of 375% of the initial investment in 9 years