Spirepoint Properties



   
 Spirepoint Properties Deal
 Joint Venture
   
Joint Venture - ID # JV111

THIS DEAL IS NO LONGER AVAILABLE

Location: Ottawa, Ontario

Investment Details

  • Over 20% below market value with $500,000 INSTANT EQUITY!
  • 6 town homes in Ottawa's "Golden Triangle" - a prestigious area minutes from the downtown core
  • Smallest unit is over 1700 square feet
  • Buildings appraised 2 years ago for $2.118 million
  • Current estimated value is $2.3 million, in AS-IS condition
  • Our purchase price - $1.8 million
  • Cosmetic renovations could easily increase profits
  • Comparable properties in the area start at $400,000

Financial Information

  • Minimum investment: $100,000 plus good credit
  • Non-refundable deposit: $500 (DEADLINE - Friday, Nov. 9th, 2007)
  • Total Return On Investment (ROI): 42.8% (higher if units sell quickly)
  • Investment Timeframe: 12 months maximum

Download investment opportunity document right now

Properties in this area are in VERY high demand, which will allow us to re-sell the severed units quite easily. We have already had inquiries from home buyers for the individual units and we haven't even CLOSED yet.

 

A $500 non-refundable deposit is required

to show your commitment - no exceptions

Give us a call at 613-860-8008 xtn 2 for more information

Serious inquiries only please - $100,000 minimum investment