Viocity REIT is pleased to announce that we have successfully secured the right to purchase Turnock Manor in Maple Ridge, British Columbia. Turnock Manor will be 4 stories high with underground parkade containing 66 condo quality apartment rental units with a good mix of Studio, 1 Bedroom, 1 Bedroom + Den, and 2 Bedroom rental units. Viocity REIT has agreed to purchase the property from the developer once construction is complete in late 2018, early 2019 for a price of $19.47M as long as all terms and conditions are met. This opportunity represents significant value for Viocity REIT to acquire the property at current market pricing and will make an excellent revenue producing addition to Viocity REIT's residential apartment portfolio. To learn more about this asset, other assets Viocity REIT is acquiring, or to invest in Viocity REIT please contact us toll free 1.855.659.5959 or email us at firstname.lastname@example.org
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Viocity REIT is considered an open-ended Mixed REIT (Real Estate Investment Trust) or Mutual Fund Trust? This allows us to invest in both Real Estate properties that produce an income as well as mortgages. Giving investors a balanced and diversified Real Estate portfolio all within one fund. To learn more about our current assets or investing in the Viocity REIT fund please call us toll free at 1.855.659.5959 or visit www.viocity.com