8 unit actually in Canada

[Liza Rogers]

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $3,600,000
Cash invested: $1,900,000

A gorgeous 15,000 square foot property right across from the beach in beautiful Victoria BC, Canada.
This one is our retirement home. We got together with some friends and decided to buy it. It was expensive upfront but it has the potential to be developed. We're able to put two 8-plexes on the property and in Victoria ocean view 2 bedroom, 2 bathroom condos sell for over $900,000