Recreational Properties
We are looking for reasonably priced properties that can be upgraded and vacant lots that can be built on. While this may not initially provide large returns, recreational areas will provide solid, long-term growth with very lucrative returns.
Family Haven Resort
Couples and families want an escape and this has created solid demand for inexpensive and local getaways. Strata-titled RV parks are the perfect fit. Our preliminary assessment says that there is a good profit margin in strata-titled RV parks. There was a strong market for these in the past with good appreciation and with the current travel restrictions, demand will only increase. This is a long-term plan as zoning and buildouts will take a few years. Due to the length of time required for rezoning and finding the right property creating market constraints, we feel ethat this market segment will continue to be in high demand and will have solid appreciation.
Multi-Family Units
Multi-family units will be the backbone of the company. We will be looking for good value in residential properties, which includes properites that will be a good long-term hold due to location and quality of the building, or potential redevelopment opportunities. We will fully vet the properties and are not afraid to do some upgrading as needed. Due to the high cost of real estate in the Greater Vancouver Regional District (“GVRD”) and the constant influx of new residents, this has proven to be an area of solid real estate appreciation and steadily increasing rent revenues.