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Multi-Unit Real Estate Investment 

Now is the time to invest in Saint John!

 

It is a buyers market in Saint John for real estate since the listing inventory has been much higher over the past 5 years which has kept prices in check. However, each neighborhood is different.  

Multi-unit apartment buildings have been changing hands from baby boomers to a new stock of investor.

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Due to millennials & seniors being the largest sector of renters, both generations can appreciate good value & choose to live in a more renovated apartment with nicer finishes than an older building that hasn't been updated.

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Given that most boomers have not upgraded kitchens, floors or baths, we see an opportunity to give the market what they want & to have a leg up on the competition by hitting the "sweet spot" which is renting fully renovated, like-new apartments with rental rates in the middle of old stock & new stock. Hitting the niche of quality & price so the tenants get the best value.

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We are using Andrew’s real estate & construction background to find buildings that are new to the market or not even on the market that have upside potential.  

 

Cap Rate
 The ratio of Net Operating Income (NOI) to property asset value. It represents the percentage return an investor would receive on an all cash purchase.

When we find something that has not been renovated in years and is both available below market value and in a prime location, we make an offer, knowing what the upside is & what the properties can be.

 

Once we own the building, we renovate any vacant units to increase the value of the building. This also allows us to increase the rent received each month, which increases the value of the building based on the Net Operating Income.

 

This increase to the NOI allows us to also use a lower Cap Rate because our buildings are in better condition & the maintenance, repairs & vacancy all decrease causing less risk to our investors & the banks because of the quality of our product.

Good Debt
There's no better example of the old adage "it takes money to make money" than good debt. Good debt helps you generate income and increases your net worth.

With the increased value of each apartment building, we then re-finance the building based on the new value & pay back any investors by using the banks money & keep the asset as a long term hold. This allows us to pay our investors & to have cash flow each month to help with operations. Our investors earn their returns & can choose to InvestinUs again. 

Interested in seeing how this works?

Take a look at our before and after galleries to see how we increase the value of our building with great interior design, love and sweat.

Click Here

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