Interested in Multifamily Units in Edmonton, Alberta

[Enoch Ejim]

Hello All,

Currently live outside Canada. Looking into Multifamily units in Edmonton. Used to live in the city more than 14 years ago, so will like to pick your brains. Will like to have the unit as a long-term portfolio. Will like to know the following:

- what is the current economic climate for multifamily units in Edmonton?

- what part of town or neighbourhood in Edmonton is best for multifamily units from overall ROI perspective?

- what are current typical cap rates for multifamily units in Edmonton?

- any info or tips on the above will be very helpful.

Many Thanks!

Regards

Enoch