Investor Presentation September / October 2006 - Boardwalk REIT
Investor Presentation September / October 2006 - Boardwalk REIT
Investor Presentation September / October 2006 - Boardwalk REIT
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Portfolio Expansion –Recent Acquisition HighlightsSturgeon Point Villas500 Rivercrest Crescent, St. Albert (Edmonton)Acquisition Date: May 31, <strong>2006</strong>Acquistion Price: $18.5 millionResidential Units: 280Going in Cap Rate: 7.0%Price / Rental Unit: $66,071Price / Sq. Ft.: $65 (Avg 1018 Sq. Ft. / Unit)<strong>Boardwalk</strong> Real Estate Investment Trust12