TSXV:LRT.UN - Post by User
Post by
quicksilver545on Apr 11, 2022 5:06pm
146 Views
Post# 34595021
Woodland Park sale at 13.2 million
Woodland Park sale at 13.2 millionJust curious why it sold for so low? Only 13.2 millon, yet it has the following:
-32 3-bedroom townhomes
-55 2 beroom apartments, 8 3 bedrooms, and 12 2 bedroom plus den. Let's say 75 2 bedroom for simplicity.
by my math, 32 x 300k = 9.6 million.
55 x 200k (very conservative = 11 million
So at least 20 million conservatively just for the units.
How did they only get 13.2 million??
Very confused. I guess the Fort Mcmurray market really is trash.