Vancouver proptech startup addy has launched its fifth real estate investment opportunity and this time around it is a multi-family property in North Vancouver.
Avesta Apartments is a 100% occupied, twenty-two suite apartment building at 1629 St Georges Avenue.
addy is offering 1,018,500 units in the property valued at $1 each to enable B.C. residents to get a foothold into real estate investing. The smallest investment amount available is $1 and the maximum is $1,500. Units will be available for purchase until the offering sells out.
addy’s property purchase decisions are made collectively by its executive team, investment committee, and Board of Directors. Once identified, the property is broken out into investment increments valued at $1. For example, a $1 million property is divided up into one million shares; and shares in the property will be available to qualified members on addy’s platform.
To learn more about addy, become a member of addy’s network, and invest in real estate, visit addyinvest.com.