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Without any hype or baloney you can enter into this profitable 6 unit building if you move quickly. Deadline for this property is April 15th, 2011. Contact Glenn Simon Inc. for other opportunities.

Tap into your equity, use your LOC or cash.

This is a 100% Turn-Key investment.

Property Details:

- 1971 Built 6 suiter.
- 6 kitchens, 6 bathrooms, 6 private entrances, 4 laundries en-suite, 2 shared (communal) laundry areas
- Shows a 10/10
- Recent upgrades (roof and interior)
- Good area in Central North East Edmonton neighborhood across from greenbelt. 3 minutes from the Yellowhead highway
- Fully tenanted
- $25K UNDER MARKET VALUE

5 Year Estimated Profits Based on 3% Appreciation:

-  Your approximate 5 year pre-tax return is $94,554.00
-  77% ROI on Your Money: 15% Per Annum
-  Monthly net cashflow is $1294.00

(Profits are calculated AFTER your initial capital has been returned)

Requirements:

-  Partner must be able to qualify for $400K mortgage (this can be arranged)
-  $122.3K Initial investment (includes downpayment, reserve fund, legal and repair)
-  Approximate 5 year term

Actions Required:

- Call 1-888-780-5940 to speak directly with Todd regarding JVP structure to proceed
- Email Glenn Simon Inc. with your contact details and best time to call
- Full detailed pro-forma with pictures will be supplied

If you have a friend or colleague that you think can benefit from this investment, I welcome your personal introductions.

Contact: See contact information at top of listing
* Please do NOT contact this lister about other services, products or commercial interests.